Industrial production rebounded in October with a gain of 1.6% after a significant slowdown in September because of Hurricane Ida, pointing to healthy growth for the rest of the year. … READ MORE >
Hurricane Ida
Amid Ida’s devastating human toll, the national economic damage is likely to be limited
In our estimation, the disruption to economic activity, including higher energy prices, supply chain disruptions and extensive property damage, will result in a 0.2% drag on American gross domestic product in this quarter. … READ MORE >