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The two hurricanes that challenged the United States will seriously cost the country's economy, totaling $290 billion, according to a new forecast.

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There are reports that the two storms can eliminate up to one per cent of the three per cent economic growth projected for the third quarter of the year. However, analysts quoted by the “Voice of America” say the damage to the economy is likely short-lived.

Mark Hamrick of “bank. com” says the consequences can no longer be known precisely to assess the damage caused by the Irma storm.

Taking into account mass evacuations and the cancellation of thousands of flights to tourist destinations, hotel industry expert Kelsey Blodget fears the worst scenario. According to her, if the closure of airports in South Florida were to last several weeks, the consequences would be catastrophic.

Despite already approved federal aid of billions of dollars to flooded areas, the company IHS Markit says the biggest losers could be insurance companies. According to her, Harvey is expected to be the second or third most expensive hurricane in the history of the United States.