August 20, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Hurricane Beryl and the prospect of lower crude oil prices prompted the Federal Reserve Bank of Dallas to revise its forecast for Texas employment lower for the year.

Beryl broke a 91-year-old record when it became the easternmost hurricane to form in June in the Atlantic. More than 2 million people were left without power in the greater Houston metropolitan area after the storm dumped 8-10 inches of rain on the region.

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