the windfall his parish collected will be banked to offset projected declines in early 2011 as the cleanup effort winds down. He said he expects revenue from marinas to fall by 70 percent and at hotels by 80 percent. "As we go into the winter and next year we'll need it to make up the shortcomings in those months after BP is gone," nike shox R4 Nungesser said. The exception to the southeast Louisiana mini-boom is New Orleans, where state sales tax dropped 5 percent in May and 10.5 percent in June from a year ago.
service providers whenever they do business is an imperfect method of calculating the impact of the oil spill since other factors also play a role. Yet the data offers a glimpse into some of the unexpected economic distortions caused by the BP disaster and the lives and livelihoods it overturned.In Vermilion and other areas nike shox on the fringe, tourists have stayed away under the false impression that the whole coast is lathered in oil. And a federal drilling moratorium has cast a shadow on the future of the oil business.
The numbers may be less a reflection of the spill than the completion in the past year of several post-Hurricane Katrina construction projects, said economist Loren Scott. Outside Louisiana, which has taken the brunt of oil, changes in sales tax revenue for other Gulf counties were small. In Florida, coastal counties outside the Panhandle,wholesale nike shox where not a drop of oil washed ashore, revenue grew over last year for the most part. In the Panhandle, revenue rose in every coastal county except one in May. In June.
businesses who say they were affected by the spill, and wholesale jordan shoes the $20 billion set aside by BP at the behest of the Obama administration to compensate spill victims will certainly help ameliorate suffering. Yet the feeling along much of Gulf Coast is high anxiety."A lot of the revenues come from oil-producing companies, so if they're not producing, we're not getting any revenue," said Ray Dugal, president of the Greater Abbeville-Vermilion Chamber of Commerce. As for tourism, "one of the perceptions is that we're in 6 feet.
In Louisiana's Plaquemines Parish alone, a fishing and oil-and-gas mecca that saw an influx of about 5,000 cleanup workers, state sales tax revenue shot up 80 percent in June over the same month of 2009.By contrast, Vermilion Parish in the Cajun country of western Louisiana, close enough to the spill to turn off nike dunk high tourists but too far to play a significant role in the cleanup, suffered a 45 percent decrease for the same period.The two areas share a common thread: Both have been affected by the closing of Gulf fishing grounds.
the threat to oil field jobs posed by a federal moratorium on deepwater drilling.But if there is good news to be found in the oil spill, it is in front-line places like Plaquemines, where thousands of spill workers and companies that serve their needs, such as caterers, have snapped up lodges and rental housing and have nike air max 90 spent their pay in local honky-tonks and restaurants."The cleanup is a whole industry," said Brooke Andry, whose 20 or so rental properties in Plaquemines are booked up with cleanup workers.
- Все още няма коментари
