Hurricanes and Economic Data

For everyone in Florida - stay safe! Frequently there is a temporary slowdown in several growth indicators following a large natural disaster.  And usually there is a pretty rapid bounce back following the disaster. Hurricane Dorian might negatively impact Q3 GDP, and September auto sales and housing. Since this coming week is not the BLS reference week (includes the 12th of the month), there will probably be limited impact on September employment. The first economic indicator to be impacted by the hurricane will probably be weekly unemployment claims. Click on graph for larger......(read more)

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