Fire to Flooding: Can California's Economy Survive Nature's Fury? - NBC News.com: "When it comes to disasters, California can't seem to catch a break.
Wildfires are scorching thousands of acres. Floods and droughts are unleashing havoc on homeowners and farmers. Last month, an earthquake destroyed thousands of barrels of Napa Valley's world famous Chardonnays, Malbecs and Pinot Noirs.
But while the impact of a spate of natural disasters is being felt unevenly among industries and regions, economists say the Golden State's economy is unlikely suffer overall.
Like much else that happens in the country's most populous state, California has been experiencing more than its share of nature's wrath. After a series of temblors in March, Napa Valley wine growers last month woke up to a 6.0 Richter scale jolt that made a mess of some 120 wineries and inflicted an estimated $300 million in damages."
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Monday, September 22, 2014
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