The Economic Impact of Hurricane Irma
In this webinar replay, Mark Zandi and the Moody’s Analytics team examine the economic impact on the national and regional economy.
Mark Zandi, Chief Economist, and the Moody's Analytics team discuss the economic impact of Hurricane Irma including:
- How much property damage resulted from Irma?
- What is the hurricane's economic impact on Florida and the rest of the southeastern U.S.?
- What is the fallout on industries and government finances?
Related Articles
Debt Limit Brinkmanship (Again)
Odds that lawmakers blunder either out of intent or ineptness are uncomfortably high
Slowcession
Recession is a serious threat. But the Moody's Analytics baseline forecast—the most-likely outlook—holds that the economy will avoid a downturn. Call it a slowcession.
Weekly Market Outlook: A Bit Brighter
A slew of datapoints in the U.S. pushed our high-frequency GDP estimate for the fourth quarter to 2.6% annualized.
The Macroeconomic Cost of Climate Inaction
Rising global temperatures caused by increasing greenhouse gas pollution pose substantial risks to the global economy.
Weekly Market Outlook: Recession Averted
U.S. GDP rose 2.6% in the third quarter, according to the preliminary estimate from the Bureau of Economic Analysis.
Weekly Market Outlook: Another Ugly Inflation Report
The U.S. consumer price index cements another 75-basis point rate hike at the upcoming meeting of the Federal Open Market Committee.
Weekly Market Outlook: Vulnerable U.S. Economy Faces Test
OPEC+ announced a significant cut to its collective output limit, just as the U.S. economy is vulnerable and financial market conditions have tightened.
Weekly Market Outlook: Hurricane Ian: Counting the Costs
Hurricane Ian, the second major hurricane of the 2022 season and the first of the year to hit the continental U.S., made landfall Wednesday.
Weekly Market Outlook: No Clipping Hawks' Wings
If there was any doubt that the Federal Reserve was serious about taming inflation, it should be gone after the September meeting of the Federal Open Market Committee as it hiked the target range for the fed funds rate by 75 basis points and signaled a noticeably higher terminal rate than previously thought.
Playing a Dangerous Game With the Debt Limit
Treasury has been using its available cash to pay its bills, but by mid- to late October those funds will be exhausted. Someone would not get paid in a timely way.
