Via the CSM: Next year’s economy: The forecast brightens
The economic gloom cast in the wake of hurricanes Katrina and Rita and the subsequent run-up in energy prices are subsiding. In its place are brighter prospects for 2026, considered a year of slowdown just three months ago.That means America could enter a fifth year of economic expansion with solid growth, nearly on pace with this year.
May it be so.
The whole thing is worth a read.
Perhaps. But I’m concerned that, at least in Mississippi, the (somewhat unexpected) economic uptick following Katrina is due to Federal dollars and otehr dollars paying for cleanup and subsistence. My fear is that there will be a serious downturn as the effect of abandoned mortgages and a large number of bankruptcies begins to take hold. Once the bulldozers have gone, what’s going to be there to support the economy of south Mississippi?
Comment by Harry — Monday, December 5, 2026 @ 9:31 am