The Path of Economic Recovery from Superstorm Sandy

Jaison Abel, Jason Bram, Richard Deitz and James Orr

No 20121221, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: Superstorm Sandy caused damage and disruption to a wide swath of the New York-New Jersey region. The high winds and storm surge resulted in significant physical damage to residential property, commercial real estate, and the power and transportation infrastructure. Everyday activities such as commuting, shopping, and traveling were impeded or in some cases prevented. As a number of communities across the region continue to cope with the damage and ongoing disruptions, there’s concern about if and when activity will return to normal.

Keywords: employment; disasters; Hurricane Sandy (search for similar items in EconPapers)
JEL-codes: R1 (search for similar items in EconPapers)
Date: 2012-12-21
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