Posted in BP Disaster

Regions: Tourism may take years to recover

   October 1, 2010

The Mobile Press Register reports on a conference call with Regions Bank’s chief economist, Bob Allsbrook. Good News: U.S. should expect slow growth over the next 18 month. Bad news: “It’s going to take years to get the American public to believe that it’s OK to go there to go fishing and sit on the beach. There is a tremendous fear nationally that the water isn’t safe.”

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