• Hurricanes and Economic Data

    14 days ago - By Calculated Risk

    For everyone in North and South Carolina - stay safe!
    Frequently there is a temporary slowdown in several major growth indicators following a large natural disaster. And usually there is a pretty rapid bounce back following the disaster.
    It seems likely Hurricane Florence will negatively impact Q3 GDP, September employment and housing.
    On employment: This week is the BLS reference week. Hurricane Irma made landfall during the BLS reference week last year, and the BLS noted :
    Hurricane Irma made landfall in Florida on September 10-during the reference period for both the establishment and...
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