Harvey: Updates on Aid Needs and Economic Impacts
As Hurricane Irma hits and we watch carefully, the effects of Hurricane Harvey are still being felt.
ALAN has declared that Harvey recovery is “uneven” and is only set to get worse with Irma coming in and pulling resources. They will continue to work in both Texas and the Southeast, but they need your help as the requests for resources continue to roll in. Even if you don’t have things to donate, you can spread the word and encourage responsible donations and volunteering. Visit alanaid.org today to learn more.
The Institute for Supply Management (ISM) put out a report on the potential economic impact of Hurricane Harvey. Houston is the sixth largest import terminal in the world, and a significant hub for the Gulf Coast shipping lanes.
Texas is also known for producing manufacturing inputs (i.e. the materials we need to make other things) which could cause ripple throughout the supply chain sector and consumer products in general. The report surveys a variety of manufacturing and non-manufacturing supply executives. For detailed metrics, you can find the report at https://www.instituteforsupplymanagement.org/index.cfm?SSO=1.