Hurricane Harvey caused around $70 billion in direct damage and 22,000 lost jobs, but didn’t derail long-term economic momentum, a federal reserve bank said. Hurricane Harvey hit the southern coast of Texas and the largest density of refineries on the southern Gulf Coast in late August. Port infrastructure in Corpus Christi, the fourth largest U.S. seaport by tonnage and the nation’s largest crude oil export terminal, was damaged severely by Harvey and Hurricane Nate this summer. A fourth quarter survey from the Federal Reserve Bank of Dallas said it was assumed that Harvey caused $70 billion in direct damage and left around 22,000 people without a job. In October, Oil States International, which has headquarters in […]