Meanwhile, a solid core of consumer income and spending remains firm. The Houston economic outlook remains unchanged with inflation continuing at high rates, the Federal Reserve maintaining tight monetary policy, and both the US and Houston economies showing numerous cracks around the edges. Recession Ahead? Financial Markets Challenge the Fed June 16, 2023 Wolff Center for Entrepreneurship (WCE).Stanford Alexander Center for Real Estate.Stagner Sales Excellence Institute (SEI).Institute for Health Care Marketing (IHCM).Institute for Regional Forecasting (IRF).Gutierrez Energy Management Institute (GEMI).AIM Center for Investment Management (ACIM).Executive Doctorate in Business Administration (DBA).Emerging Leaders Academic Success Program.Parts of Tennessee were enveloped in thick fog. The snow stretched as far Northeast as Vermont. Several school districts in southwest Louisiana dismissed students early Tuesday in anticipation of severe weather in the area. Schools and businesses were closed Tuesday and Wednesday across Oklahoma, which saw snowfall totals of between 1 and 6 inches across central and eastern parts of the state. The storm system was also bringing snow and ice to much of the central U.S. The Storm Prediction Center in Norman, Oklahoma, said areas along the coast from Houston to the Florida Panhandle could see tornadoes, strong winds and hail on Tuesday. It was the start of what was expected to be a stormy day along the Gulf Coast. The website, which collects live power outage data from utilities across the United States, reported about 83,000 Texas customers were without power Tuesday evening, mostly in the Houston area and surrounding counties. "We will deal with the property and recover and rebuild." "There is one aspect of me that's amazed that no one got injured," Mouton said. urged anyone who needed a place to stay to look outside his city. Nearby, fences were laid over and shingles and sections of roofs were torn from homes, but there were no immediate reports of injuries.Īs emergency crews worked to restore power, Deer Park Mayor Jerry Mouton Jr. A powerful storm system took aim at Gulf Coast Tuesday, spawning tornados that caused damage east of Houston.įootage from Houston TV station KTRK showed several businesses suffered major damage, including the city's animal shelter. Mario Mendoza carries items out of a friend's storm-damaged home Tuesday, Jan. Utility poles and power lines were downed, and several vehicles, including a trailer, were damaged or flipped over in a parking lot. The storm damaged commercial buildings, homes and power lines in nearby Pasadena, a city southeast of Houston. The warning expired as the system moved to the east. The National Weather Service had issued a tornado emergency for that area, warning that a "large, extremely dangerous and potentially deadly tornado" was on the ground Tuesday afternoon and was headed toward Baytown, about 25 miles east of Houston. There were no immediate reports of serious injuries. Tornadoes leave trail of destruction in Texas 01:46Ī powerful storm system took aim at the Gulf Coast on Tuesday, spawning a tornado that downed utility poles and power lines, overturned vehicles and ripped roofs off homes in communities east of Houston.
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