Latest Updates: Related to Inflation

Economic Impact from Hurricane Ida Expected to be Modest, Municipal Credit Impact Likely to be Minimal

  • Hurricane Ida made landfall as a category 4 storm near New Orleans, Louisiana, 16 years to the day after Hurricane Katrina slammed into the gulf region in 2005.
  • Over the weekend, President Biden declared a major disaster in Louisiana and approved an emergency declaration in Mississippi.
  • The economic impact from Hurricane Ida is expected to be modest compared to Katrina. We are also expecting very little credit impact to public finance entities as a result of the storm.


Download the full article

Read more Municipal Commentary 

Learn More From HilltopSecurities

The Virus Strikes Back: Our Municipal Credit Outlook in the Face of COVID-19’s Fourth Wave

What Could “Irreparable Harm” Look Like if Lawmakers Fail to Extend or Suspend the Debt Ceiling Limit?

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.