FYI: Hurricanes upend lives and destroy wealth, but leave little lasting imprint on the broader economy.
That is one of the main takeaways from an examination of the economic effects of storms in recent years.
With Hurricane Florence hitting the U.S. East Coast, and potentially more storms to come in the weeks ahead, it is a time to assess the economic impacts of natural disasters.
Regards,
Ted
https://www.wsj.com/articles/big-storms-leave-small-marks-on-the-u-s-economy-1537027200?mod=mktw
