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Home » Economic Update: Weather's Impact on Latest Indicators

Economic Update: Weather's Impact on Latest Indicators

Economists: February 'setback' should be reversed in March

March 25, 2010
Wind, rain, snow: Severe weather plagued much of the U.S. during the first months of 2010, with the East Coast bearing the brunt of the damage. And several economic indicators reflected the damage in the latest round of numbers.

"Severe weather across the coasts of the United States last month disrupted transportation schedules," said Daniel J. Meckstroth, chief economist for the Manufacturers Alliance/MAPI, commenting on the latest Federal Reserve industrial production statistics. "Production in consumer durables industries was particularly affected."

Industrial production edged …

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Wind, rain, snow: Severe weather plagued much of the U.S. during the first months of 2010, with the East Coast bearing the brunt of the damage. And several economic indicators reflected the damage in the latest round of numbers.

"Severe weather across the coasts of the United States last month disrupted transportation schedules," said Daniel J. Meckstroth, chief economist for the Manufacturers Alliance/MAPI, commenting on the latest Federal Reserve industrial production statistics. "Production in consumer durables industries was particularly affected."

Industrial production edged …



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