An interesting article appeared recently in the Wall Street Journal and with what seems to be a constant barrage of natural disasters, it reminds us that ensuring our community’s economy is diverse is an important aspect of ensuring our ability to be resilient after a natural disaster. The article (click here) focuses on Hurricane Harvey and its impact on Houston TX. The storm caused an estimated $75 billion in property damage, which is similar to the $100 billion of property damage in New Orleans after Hurricane Katrina. However, unlike New Orleans, whose economy is very focused on tourism and not much else, Houston has a larger and more diverse economy. Because of this difference, Houston’
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