Will Sandy Affect the Long-Term US Economic Forecast?

Oct. 30, 2012
The economy is still on track for mild economic expansion through at least the middle of 2013.

Sandy is wreaking havoc in the east.  I cannot help but think of Katrina and other massive storms from over the last decade, both here and abroad.  The disruption and the personal difficulties are not to be underestimated.  The singular point to the blog is that we are often asked at these times whether we will change our forecast as a result of the economic impact.  The answer is ‘no’.  There is no need to change the U.S. economic forecast. 

Regional losses for some become opportunities for others.  Contractors and purveyors of blue tarps and generators are having a great surge in activity, as will paint stores, etc.  The insurance companies and the government will not.  In balance, the U.S. economy is on track for mild economic expansion through at least the middle of 2013.  

About the Author

Alan Beaulieu Blog | President

One of the country’s most informed economists, Alan Beaulieu is a principal of the ITR Economics where he serves as President. ITR predicts future economic trends with 94.7% accuracy rate and 60 years of correct calls. In his keynotes, Alan delivers clear, comprehensive action plans and tools for capitalizing on business cycle fluctuations and outperforming your competition--whether the economy is moving up, down, or in a recession.

Since 1990, he has been consulting with companies throughout the US, Europe, and Asia on how to forecast, plan, and increase their profits based on business cycle trend analysis. Alan is also the Senior Economic Advisor to NAW, Contributing Editor for INDUSTRYWEEK, and the Chief Economist for HARDI.

Alan is co-author, along with his brother Brian, of the book MAKE YOUR MOVE, and has written numerous articles on economic analysis. He makes up to 150 appearances each year, and his keynotes and seminars have helped thousands of business owners and executives capitalize on emerging trends. 

Prior to joining ITR Economics, Alan was a principal in a steel fabrication company and also in a software development company.

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