With Hurricane Michael poised to be the strongest storm to hit the continental U.S. in 14 years, economy watchers are bracing for the data volatility that’ll soon follow.
While surging tides and fierce winds endanger lives and property along the Florida panhandle, any effect on the national economy will probably be temporary, based on past experience. The storm may further muddle economic figures for months, especially on the heels of Hurricane Florence in September, making it harder to get clean signals on employment, industrial production, and consumer spending.
