Hurricane Harvey struck the Texas Gulf coast on August 26, 2017 and dropped over 40 inches of water in some areas during the subsequent two days. A total of 88 people lost their lives5 due to this storm and 73,000 (3.4%) homes have either been destroyed (10,800 – 0.5%) or sustained major damage (62,000 – 2.9%).
Financial Impact of Hurricanes. The financial impact of Hurricane Harvey and Hurricane Irma has gone well into the billions of dollars. However, these estimates are expected to rise when relief efforts are completed. But this could take months or even years before final figures are tallied.
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· A few weeks after Harvey, Hurricane Irma began heading toward Miami, Florida. It was a Category 5 storm, the largest atlantic storm ever. Its 185 mph winds lasted for 37 hours, a new record fed by 86-degree waters. If Irma had hit Miami, the damage could have reached $300 billion, according to insurance firm, Swiss Re.
Here’s How Hurricanes Irma and Harvey Have Affected Van Freight. The ports in Savannah, Tampa, and Miami all suspended operations over the weekend, while the Port of Charleston closed on Monday. The ports should be back online now, but there could be some pent-up demand this week as a result of the closures.
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The economic environment was disrupted by back-to-back devastation caused by hurricanes Harvey and Irma. With many businesses closing to ride out the hurricanes, even Disney World, the Federal.
Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight Financial Services estimated that as many as 300,000 borrowers in the vicinity of Houston could become delinquent on their loans and 160,000 could become seriously delinquent, or more than 90 days past due.
Real estate transactions: Dec. 11, 2017 Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending April 12. AKRON 189 East Ave., Bank of Akron to Herman M. Clouse.
A senior petroleum analyst has indicated the recent surge in gas prices after Hurricane Harvey are waning, and that prices should continue to decline despite the latest devastating. t expect to see.
Trucking Industry Fears Effect of Hurricane Irma Hitting Georgia, N.C.. attempting to dig out from the effects of Hurricane Harvey, analysts said.. This includes coverage of new products.
A new report examines how mortgages performed in December 2017, with the data showing the lingering effects of a brutal 2017 hurricane season.. Hurricane Aftermath Continues to Affect Mortgage.