Connecticut Coastal Community Unemployment and Economic Damage Attributable to Hurricane Sandy

Peter Gunther, Fred Carstensen () and William Waite

No 2013-02, CCEA Studies from University of Connecticut, Connecticut Center for Economic Analysis

Abstract: By using dynamic regression analysis and BLS data starting from 1990, CCEA was able to determine that 7,103 private sector job-years may be lost (and attributable to) Hurricane Sandy, between November 2012 and December 2014, of which roughly half or 3,551 job losses, can be expected within small businesses. The BLS population subset of coastal NECTAs covers manufacturing, trade, transportation and utilities, professional and business services, and tourism services, while not reporting on information, financial services, health or education sectors, thus a reduced number from CT's total FTEs.

Keywords: Hurricane Sandy; economic impart; employment. (search for similar items in EconPapers)
JEL-codes: J40 J64 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2013-02
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