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1 posts on "fiscal stress"
February 22, 2018

Just Released: Puerto Rico and the U.S. Virgin Islands after Hurricanes Irma and Maria

Jaison R. Abel, Jason Bram, Richard Deitz, and Jonathan Hastings

An examination of the fallout from Hurricanes Irma and Maria on the economies of Puerto Rico and the U.S. Virgin Islands was the focus of an economic press briefing today at the New York Fed. Both U.S. territories were suffering from significant economic downturns and fiscal stress well before the storms hit in September 2017, raising concerns about their paths to recovery.

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Posted at 10:17 am in Crisis, Human Capital, International Economics, Puerto Rico, Regional Analysis | Permalink

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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