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CNBC’s Diana Olick reports on the housing impact on mortgages from Hurricane Harvey compared to Hurricane Katrina.
Industry-wide retail sales in August and September will fall in the wake of hurricanes Harvey and Irma, with apparel retailers such as Gap expected to take a longer-term hit than restaurant.
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Post-Harvey potential new serious delinquencies (90+ days): 160,000; Black Knight will continue to monitor the impact of Hurricane Harvey on mortgage performance moving forward. The company’s Data & Analytics division is also currently watching Hurricane Irma’s projected path, and will report as the situation develops.
Discounting the hurricanes’ impact. data, it does indicate the economic expansion is very much intact despite the short-term disruptions due to the hurricanes,” said Scott Anderson, chief economist.
were impacted by the storms. Hurricane Harvey did not impact the employment figures for August as reported by the Bureau of Labor Statistics (BLS), as the survey data were collected before the storm occurred. employment figures for September may register some impact from Hurricanes Harvey and Irma when figures are released by BLS on October 1.
Irma’s Impact on Loan Funding; Lots of Disaster Updates Sep 7 2017, 5:09AM As fires, floods, and storms dominate the headlines, our attention now turns to Irma.
New Orleans. due on their mortgages.” Black Knight will continue to monitor the impact of Hurricane Harvey on mortgage performance moving forward. The company’s Data & Analytics division is also.
Here’s How Hurricanes Irma and Harvey Have Affected Van Freight Posted by Matt Sullivan on 12 September 2017 4:14 pm DAT employees are donating to American Red Cross to help support those affected by Hurricanes Harvey and Irma, and DAT Solutions is matching those contributions.
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%).
The Financial Impacts of Hurricanes Harvey and Irma on One Million Households. We find that checking account inflows temporarily dropped by over 20 percent, or roughly $400, in the week of landfall for both Harvey and Irma and recovered quickly in Houston, but not so in Miami. checking account outflows dropped by more than 30 percent,
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