Short-term economic data can be misleading immediately following a disaster:
: Economies often return to previous growth trends, but the absolute level of GDP remains lower than it would have been without the disaster. the impact of natural disasters on economic growth
: Immediate physical damage occurring at the time of the event, such as the destruction of infrastructure (roads, bridges, power lines), housing, and commercial assets. including business interruptions
: Secondary effects following the event, including business interruptions, lost wages, supply chain disruptions, and increased financial market volatility. Short-Term Shocks and "False" Growth supply chain disruptions
: Better political institutions and lower corruption correlate with faster recoveries and reduced negative impacts.