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Odessa hail storm spurs rapid rebuilding and economic activity
A major Odessa hail storm triggers a surge in construction work and outside spending, with projected repair costs near 480 million. Economists note temporary growth from influx of construction funds, higher hotel rates, and boosted sales tax revenue, while insurers adjust rates and locals anticipate continued activity through homes, rentals, and auto trades.
MENTIONED IN THIS ARTICLE
Insurance Council of Texas Trade Association
Ray Perryman
Perryman
East Odessa
Hanna
Odessa
Amarillo
Karr Ingham
Ingham
Melanie Knox
Residence Inn
Courtyard
Homewood Suites
Parks Legado Town Center
Ben Acosta
MCA Development
Acosta
Lubbock
Sewell