Back in February, when we projected $55 oil, oil prices were falling. We projected a weaker price over the summer. |
It's obviously a ton of money. |
It's the first attempt to get some numbers out there to get a feel for how big this thing is. |
People are spending to rebuild their lives, even if they don't have a job or have lost their home. I thought we would have seen quite a slowdown. But people are apparently trying to keep as much of their lifestyles as they can. |
People will think they just dropped cash on us. I don't think so. |
Relief workers in New Orleans, the money they're paid is burning a hole in their pocket and they're going to spend it. |
The state is a customer just like everybody else, and we'll have to pay more. |
The whole metro area down there is at least a quarter of the population, and I'm sure it's more than a quarter of the state's economy. |
We were very wrong in October. |
We're doing great on growth on sales taxes so far. We expected this number to fall, but it hasn't fallen yet. |
You just have to have a threat there to worry markets and they (buyers) want to lock in prices. |