Sandy won't alter fourth-quarter GDP, economists say

10/30/2012 | Washington Post, The

Damage and disruption caused by Hurricane Sandy probably won't have significant effect on U.S. economic growth this quarter because natural disasters tend to slow economic activity, then stimulate it, economists said. "We expect any lost output [during the week of the storm] will be made up in subsequent weeks, minimizing the effect on fourth quarter GDP," Moody's Analytics senior economist Ryan Sweet wrote in a research note.

View Full Article in:

Washington Post, The