• Home Page
  • Hurricane Irma And Harvey Case Study

Hurricane Irma And Harvey Case Study

Decent Essays
Show More
Will hurricane Irma and Harvey have a negative impact on the third-quarter GDP (Gross Domestic Product) growth?
Well economist Goldman Sachs, Moody and others are cutting their estimates for the 3rd quarter Gross Domestic Products growth due to hurricane Irma and Harvey
Goldman Sachs now feel that the gross domestic products will gain a 2 percent rate this quarter after slashing its estimate by .08 percentage points.
Moody estimates that with hurricane Irma and Harvey that the property damage and lost will be at 150 billion to 200 billion dollars.
According to the Wall Street economist, the hurricanes will cause a negative impact on the third quarter growth numbers. Prior to the hurricanes, the United States economy had been estimated to grow

Related Documents

  • Improved Essays

    Hurricane Recovery Case Study
    • 2356 Words
    • 10 Pages

    Hurricane Recovery Case Study

    ABSTRACT Hurricane Hugo caused much damaged on the coastal plain forest. The Santee Experimental Forest experienced the severe force of eyewall and wind damage. Northern east area i.e. on Hobcaw Forest was majorly damage by salt with some wind damage. Tallest trees and the largest trees were more damaged than smaller trees. Within the area impacted by the eyewall, 89% of the longleaf pine trees, 91% of loblolly pine trees, 86% of bottomland hardwood trees were uprooted.…

    • 2356 Words
    • 10 Pages
    Improved Essays
    Read More
  • Improved Essays

    Compare And Contrast Hurricane Katrina And Harvey
    • 912 Words
    • 4 Pages

    Compare And Contrast Hurricane Katrina And Harvey

    Katrina V. Harvey Hurricane Katrina and Harvey were very different yet alike, Including their: category, location, time and effects. Hurricanes can be very destructive or hardly do anything and be brushed off. Katrina and Harvey were destructive hurricanes and will be documented in history as examples of what not to do in preparation for hurricanes. Hurricanes are very unpredictable but they all almost end the same way, being very destructive.…

    • 912 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    The Purpose Of EGTRRA
    • 192 Words
    • 1 Pages

    The Purpose Of EGTRRA

    According to the White House, under President George W. Bush Administration, the results of the President’s tax relief actions were almost instantaneous. The purpose of the EGTRRA was to minimize the tax affliction/burden on American families and small business owner to stimulate savings, investments, and promote job creation. In the fourth quarter of 2001, the economy returned to growth and continued to grow for the next consecutive quarters. It was reported that the economy grew at 7.5 percent above inflation during the third quarter of 2003 – the highest since 1984.…

    • 192 Words
    • 1 Pages
    Improved Essays
    Read More
  • Improved Essays

    Hurricane Harvey Research Papers
    • 492 Words
    • 2 Pages

    Hurricane Harvey Research Papers

    In recent weeks there has been numerous natural disasters in several different places. From Hurricane Harvey in Houston, Texas, to the extreme fires in Los Angeles, California, to Hurricane Irma becoming a Category 5 hurricane that is about to hit South Florida and could possibly make its way up the east coast of the United States and even hit us here in New York in a week or two, to Tropical Storm Jose forming right behind Hurricane Irma, and many other storms and disasters that aren't being talked about because there is just too much going on. The aftermath of these disasters are brutal to the people and their communities. Some people don't even make it out alive and many of those who do have to find new homes and overcome many obstacles…

    • 492 Words
    • 2 Pages
    Improved Essays
    Read More
  • Improved Essays

    Hurricane Matthew Case
    • 77 Words
    • 1 Pages

    Hurricane Matthew Case

    Hurricane Matthew was a hurricane that caused immense damage and costed the U.S billions of dollars in damages. Hurricane Matthew was a category 5 hurricane that caused 603 deaths in total and costed the U.S $15 billion in damages during September 28th to October 10th 2016. Its max speed was said to be 165 mile per hour winds. In North Carolina alone there was more than 20 inches of rainfall during and after hurricane Matthew hit…

    • 77 Words
    • 1 Pages
    Improved Essays
    Read More
  • Improved Essays

    A Compare And Contrast Essay On Tornadoes And Hurricanes
    • 342 Words
    • 2 Pages

    A Compare And Contrast Essay On Tornadoes And Hurricanes

    Whoa! That is going really fast! Oh, no! Run! Even though tornadoes and hurricanes are different, they still have some similarities.…

    • 342 Words
    • 2 Pages
    Improved Essays
    Read More
  • Improved Essays

    How Does A Weak Dollar Affect Australian Economy
    • 799 Words
    • 4 Pages

    How Does A Weak Dollar Affect Australian Economy

    The figure is higher because net exports grew by much more than expected in the March quarter. According to (Amadio, 2016) the 3.1% gross domestic product (GDP) figure is crucial because the economy needs to grow around this speed to stop the unemployment rate rising. National disposable income: This is how much Australians pay for their day-to-day expenses. The figured dropped by 1.1% over last 12 months; this means that employees are being paid less for what they’re producing. Average weekly earnings:…

    • 799 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    The Negative Impact Of Hurricane Katrina
    • 549 Words
    • 3 Pages

    The Negative Impact Of Hurricane Katrina

    It also helped FEMA to be ready for more damaging storms it also assist people know that storms are really dangerous and if you have a safe area to go when it’s going on you should do so. After Hurricane Katrina people’s houses and businesses had been devastated. The environmental results of Hurricane Katrina in New Orleans have been enduring. Thousands of trees were blown down and were poorly disfigured. Lots of wildlife were murder due to the ponderous precipitation, sturdy wind and over 70 percent of New Orleans was flooded.…

    • 549 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    The Importance Of Hurricanes In Florida
    • 167 Words
    • 1 Pages

    The Importance Of Hurricanes In Florida

    Florida, hit by some of the most devastating and destructive hurricanes in the history of the United States, has cost more than 450 billion U.S. dollars since the early 20th century. Florida insured property damage to the storm is the highest and highest in the country. The frequency and severity of hurricanes affecting Florida are checked out from the best available data and the damage is related to the characteristics of a landfall storm. The results show that the normalized loss increases over time, consistent with a slight increase in hurricane intensity and hurricane size alone, or in combination with hurricane strength, does not improve the simpler relationship. Estimates of possible losses from a hurricane can be obtained using a formula…

    • 167 Words
    • 1 Pages
    Improved Essays
    Read More
  • Improved Essays

    Hurricane Katrina Essay examples
    • 664 Words
    • 3 Pages

    Hurricane Katrina Essay examples

    Hurricane Katrina Hurricane Katrina has been one the most devastating natural disasters to hit USA ever costing a total of 125 billion dollars, and leaving almost 1000 dead. We need to look at ways of preventing such a disaster. As this is the only problem, we can predict and perceive how dangerous a hurricane can be but preventing one is a different matter entirely. The U.S. National Hurricane Centre (NHC) reported on August 23 that Tropical Depression Twelve had formed over the south-eastern Bahamas this was soon to be named hurricane Katrina, it was upgraded to a hurricane on the 25th of august, it hit land the same day lousing its strength while…

    • 664 Words
    • 3 Pages
    Improved Essays
    Read More
  • Decent Essays

    The Effects Of Wealth Growth On The US
    • 261 Words
    • 2 Pages

    The Effects Of Wealth Growth On The US

    Macroeconomics is the growth of the GDP, for that reason it quantifies production— market value of final goods and services sold in a country during a specific time frame. As a result, the key drivers of GDP in the long run are consumers, government, business, and financial organization’s spending. Wealth growth has influence on the U.S. economy, lower interest, lowers cost and effects aggregate demand. This shocks effects wealth growth, interest and exchange rates. As a result, the overall the economy is relatively stable.…

    • 261 Words
    • 2 Pages
    Decent Essays
    Read More
  • Improved Essays

    Attention Getter For Climate Change
    • 1135 Words
    • 5 Pages

    Attention Getter For Climate Change

    Cause and effects of Climate Change. General purpose: to inform. Specific purpose: After listening my speech my audience will know what is climate change, what causes it and its effects? Thesis Statement: Climate change is a very important issue that affects all of us.…

    • 1135 Words
    • 5 Pages
    Improved Essays
    Read More
  • Great Essays

    Economics: The Five Most Important Economic Variables
    • 1753 Words
    • 8 Pages

    Economics: The Five Most Important Economic Variables

    5 most important economic variables (1) GDP (2) Interest rate (3) Personal income and consumption (4) Debt (5) Inflation 【GDP】The gross domestic product (GDP) is one of the most important indicators to evaluate the condition of a country 's economy. It represents the total dollar value of all goods and services produced over a specific time period; thus the size GDP would also indicate the size of the economy of the country. Normally, GDP is used to compare with the previous quarter or year’s number and it can present how fast the economy has grown or shrunk. For example, if the year-to-year GPD has grown by 5%, it means that the size of the economy has grown by 5%.…

    • 1753 Words
    • 8 Pages
    Great Essays
    Read More
  • Superior Essays

    Nestle Analysis Of Pestle
    • 1415 Words
    • 6 Pages

    Nestle Analysis Of Pestle

    Pestle is a marketing planning tool which helps the business to focus on its external environment effects. These factors are such as Political, economic, Social, Technological, Legal and Environmental. Political: For a multinational firm to operate, one has to take care of the political rules and regulations of home and operating countries. Government regulations have a great impact on business dealings and operations.…

    • 1415 Words
    • 6 Pages
    Superior Essays
    Read More
  • Great Essays

    Fast Fashion Division: Mr. Price Group Limited Division
    • 1788 Words
    • 8 Pages

    Fast Fashion Division: Mr. Price Group Limited Division

    3. Rationale/Executive Summary 3.1 Background of my division The Mr Price Group Limited division that I have chosen is the apparel retail division, also known as the clothing division of Mr Price. My reason for choosing the apparel division of Mr Price instead of the Home or Sport division is because the apparel sector is a fast fashion retailer and has generated a strong brand with well-known corporate social responsibility programmes. The target market of the apparel division is young and vigorous customers, mostly females between the ages of 15 – 35, who are in the LSM income groups.…

    • 1788 Words
    • 8 Pages
    Great Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2024 Cram.com
Privacy Policy |  About Ads |  Site Map |  Advertise  | 
  • Cookie Settings