hurricane News Updates

Sales of previously owned U.S. homes declined to a one-year low in August as affordability continued to hamper demand and Hurricane Harvey caused a slump in Houston-area purchases, a National Association of Realtors report showed Sept. 20.

Florida’s Department of Transportation will receive $25 million in federal funding for relief efforts in the wake of the damage caused by Hurricane Irma.

Sentiment among America’s homebuilders fell more than forecast in September as companies grew concerned about the cost of construction materials and labor shortages in the wake of Hurricanes Harvey and Irma, according to data Sept. 18 from the National Association of Home Builders/Wells Fargo.

U.S. consumer sentiment dipped in September as Americans expressed concern about the economic and inflationary impact of Hurricanes Harvey and Irma, University of Michigan survey data showed Sept. 15.

Oil rose as Irma weakened to a tropical storm after hitting Florida, while Gulf Coast refining continued to recover following storm Harvey.

Truckers who hauled gasoline to Texas last week from Florida may run the same route in reverse next week as Hurricane Irma bears down on the Sunshine State.

FedEx temporarily suspended some services in South Florida Sept. 7 and geared up to help with recovery wherever Hurricane Irma makes landfall.

Winston Mullings jumped into action after Hurricane Harvey to deliver to those in need, but the unimaginable happened in Houston: Floodwaters overpowered his truck on a major highway.

Houston’s roads, skies and waterways saw increased traffic Sept. 5 as some of the city’s biggest industries continued a slow march toward business as usual.

Hurricane Harvey strengthened as it headed toward landfall in Texas, forecast to become the worst storm to strike the region in more than a decade. The price of gasoline rallied as the storm threatened to wreak havoc on the heart of America’s energy sector.