Retail News

Dorian could be a Labor Day spoiler — and worse

AccuWeather 08/28/2019

AccuWeather has increased its dollar amount estimate of the total economic damage to be inflicted by Hurricane Dorian to the $12 – $15 billion range. A major factor is the timing — once the storm system passes by Puerto Rico and the Bahamas, it is expected to barrel into the U.S. mainland during the Labor Day weekend, thereby disrupting travel and tourism that local and national businesses depend upon. The severity of the damage also depends on the hurricane’s final trajectory before making landfall, as the economic fallout is expected to be much higher if it swings north into the Carolinas first, rather than heading straight for the Florida coast.

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