The construction industry will continue to support the New Orleans economy for years to come, economists say. Construction projects and work to strengthen the city's levees have created jobs in the city since Hurricane Katrina struck in 2005. Economists also note that New Orleans has not yet spent $19 billion in federal reconstruction funds dedicated to helping it recover from damage caused by the hurricane. Meanwhile, economic-stimulus funds will cover the $800 million cost to replace damaged bridges over Lake Pontchartrain.
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