1、 Economic Impact of Hurricanes Harvey and Irma name redacted Analyst in Macroeconomic Policy October 2, 2017 In recent weeks, multiple southern states and U.S. territories have experienced significant property damage and loss of life as a result of severe hurricanes, including Harvey, Irma, and Mari
2、a. This Insight will focus on the economic impact of Hurricanes Harvey and Irma, as the impact of Hurricane Maria is still unfolding in Puerto Rico. Hurricane Harvey first made landfall in Texas on August 25 as a category 4 storm, before stalling for a number of days above south and southeast Texas
3、delivering torrential downpours. Hurricane Irma made landfall in the Florida Keys as a category 4 storm on September 10 after sweeping through the Caribbean, impacting multiple other countries and U.S. territories. A combination of strong winds and widespread flooding, resulting from strong rains an
4、d storm surges, have disrupted large communities in the South and South East and resulted in widespread property damage. Damage to property often gets significant media attention following a hurricane, but it is not the only impact on economic activity. Property damage affects the overall capital st
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