One Thing Hurricane Harvey Won't Destroy Is Texas Economy, Experts Say

As the Gulf Coast braces for the impact of what forecasters say could be the nastiest hurricane to hit Texas in close to a decade, insurers and economists may actually bear some good news.Yes, tough times are likely ahead for lots of families. And the poor will be hit harder than wealthier residents, for whom a hotel stay outside the storm’s path is more of a headache than a devastating financial blow.Hurricane Harvey could decimate hundreds of thousands of homes and cause billions of dollars in damage.But the region’s economic momentum will likely help any hurricane-battered Texas cities bounce back even stronger than before, experts said.   Continue reading...