The Impact of Harvey

There’s been a lot of talk about the economic impact of Hurricane Harvey. Much of this we simply don’t know yet. This morning, we got one of our first looks. Notice the jump in initial jobless claims.

Jobless claims came in at 298,000. That’s enough to keep our sub-300,000 streak going. The last time jobless claims printed over 300,000 was in February 2015.

Posted by on September 7th, 2017 at 11:03 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.