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Brian Bethune

Ida, now a tropical storm, may have only a modest effect on the overall U.S. economy so long as damage estimates don't rise sharply and refinery shutdowns are not prolonged, economists suggested Sunday.
Energy

Ida: Economists Foresee Only Modest Damage to U.S. Economy

Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the impact on the overall U.S. economy should be modest, economists say. read more >