Thursday, October 16, 2008

Hurricane Ike

At one point the diameter of Ike's tropical storm and hurricane force winds were 550 and 240 miles (885 and 390 km), respectively, making Ike the most massive Atlantic hurricane recorded.[5]
Massive storm ... I haven't seen any economists adjusting or tempering the "read" on September figures for the impact of a storm that was so huge. In the press, the headline is "Worse since 1974".

Is it so important, from a career perspective, to be the first to forecast the deepest recession imaginable? Does it sell newspapers?

Update: Bloomberg has it. Focuses on strike, storms.

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