"It's going to have a significant negative impact on Alabama for the near future," said Jennings Marshall, an economics professor at Samford University's Brock School of Business.
Friday, June 10, 2011
Economists say tornado outbreak impact could dampen Alabama's recovery
While construction workers will stay busy rebuilding thousands of damaged and destroyed homes and businesses, that activity will be offset by a temporary loss of jobs and lower tax revenues in communities affected by the twisters, they say.
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