From CNN: Florida, Mississippi and Alabama declare emergencies ahead of storm Alberto.
Hurricane season doesn’t officially begin until June 1, but Alberto apparently missed the memo. The tropical system became a subtropical storm Friday, the hurricane center said. As it travels up the warm waters of the Gulf, it could well become a full tropical storm.
Already some are calculating $1B in economic losses in the Gulf Coast.
Recovery Diva 
Tourism is king along the coast and the extended Memorial Day holiday weekend is important to the financial well being of businesses that depend on good weather in order to succeed. No doubt the economic loss will be greater than the cost of actual damage casused by this storm.