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|WASHINGTON Baltimore Orioles Manny Machado Jersey , Sept. 6 (Xinhua) -- Hurricane Harvey has caused "broad disruptions" to economic activity in the U.S. Gulf Coast region, the Federal Reserve said Wednesday.
"Hurricane Harvey created broad disruptions to economic activity along the Gulf Coast in the Dallas and Atlanta Districts, although it was too soon to gauge the full extent of the impact," the Fed said in its latest survey on economic conditions, known as the Beige Book.
"A fifth of the oil and natural gas production in the Gulf of Mexico was offline Baltimore Orioles Adam Jones Jersey , and many onshore producers in the Eagle Ford region temporarily stopped production," said the survey, based on information collected by the 12 regional Federal Reserve banks.
Harvey also affected fuel and petrochemical production, "forcing 15 refineries in the region to shut down temporarily" and several others to operate at reduced capacity, which led to "gasoline shortages" in some areas.
Meanwhile Baltimore Orioles Jonathan Schoop Jersey , contacts in the Richmond District indicated that "spot freight prices jumped after the storm," as freight was being redirected around the country, according to the survey.
More broadly, the U.S. economy continued to expand at "a modest to moderate pace" in July and August across all 12 Federal Reserve Districts, the survey showed.
"Consumer spending increased in most districts Baltimore Orioles Cal Ripken Jersey , with gains reported for nonauto retail sales and tourism, but mixed results for vehicle sales," the central bank said, adding business contracts across the country indicate concerns about a prolonged slowdown in the auto industry.
In the Cleveland district, year-to-date production at auto assembly plants declined more than 16 percent when compared with the same period a year earlier Baltimore Orioles Brooks Robinson Jersey , the survey said.
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Myanmar exports about 95 percent of fruits to China
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LOS ANGELES, Sept. 24 (Xinhua) -- 20th Century Fox's action spy film "Kingsman: The Golden Circle" brought in an estimated 39 million U.S. dollars in its opening weekend, dethroning Stephen King's horror film "It" from the top spot at the North American box office.
Directed by Matthew Vaughn, "Kingsman: The Golden Circle" is a sequel to "Kingsman: The Secret Service" released in 2015. The film franchise is based on the "Kingsman" comic book series.
It tells the story of survivors of a secret British spy agency teaming up with their American counterparts after the world is held hostage by a new threat.
"Kingsman: The Golden Circle" currently has a 51 percent on Rotten Tomatoes and a B+ CinemaScore.
The sequel scored the fifth best September opening ever at the North American box office and earned 61 million U.S. dollars from overseas markets for a global total of 100 million U.S. dollars.
"September 2017 is turning out to be a hit-making machine as the month is poised for all-time box office greatness with less than a week to go as the dollars continue to roll in," wrote movie analyst Paul Dergarabedian at comScore in an email to Xinhua.
Warner Bros.' horror film "It" moved to the second place this weekend with an estimated 30 million U.S. dollars Orioles Darren O'Day Jersey , pushing it's total to 266.4 million U.S. dollars after 17 days in North American theaters.
Another new comer, Warner Bros.' animated "The Lego Ninjago Movie" opened with an estimated 21.2 million U.S. dollars in the third place. It's the third installment of "The Lego Movie" franchise.
Lionsgate's action thriller film "American Assassin" landed in the fourth place with an estimated 6.2 million U.S. dollars in its second weekend.
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