Hurricanes Harvey  Irma lift U.S. factory activity index to 13
Harvey
WASHINGTON (Reuters) - A measure of U.S. manufacturing activity surged to a near 13-1/2-year high in September as disruptions to the supply chains caused by  Hurricanes Harvey  and Irma resulted in factories taking longer to deliver goods and boosted raw material prices.
The ISM said Harvey and Irma had caused supply chain and pricing issues in the chemical products sector. There were also concerns about the disruptive impact of the storms on the food  beverage and tobacco products industries.
 Harvey and Irma  are expected to chop off as much as six-tenths of a percentage point from gross domestic product growth in the third quarter. Harvey  which pummeled Texas at the end of August  has undercut consumer spending and weighed on industrial production  homebuilding and home sales.
The government said  Harvey and Irma  did not appear to have impacted the construction spending data as the responses from the Texas and Florida areas affected by the storms were ânot significantly lower than normal.â
WASHINGTON (Reuters) - A measure of U.S. manufacturing activity surged to a near 13-1/2-year high in September as disruptions to the supply chains caused by  Hurricanes Harvey  and Irma resulted in factories taking longer to deliver goods and boosted raw material prices.
The ISM said Harvey and Irma had caused supply chain and pricing issues in the chemical products sector. There were also concerns about the disruptive impact of the storms on the food  beverage and tobacco products industries.
  [TGT] are expected to chop off as much as six-tenths of a percentage point from gross domestic product growth in the third quarter. Harvey  which pummeled Texas at the end of August  has undercut consumer spending and weighed on industrial production  homebuilding and home sales.
The government said   [TGT] did not appear to have impacted the construction spending data as the responses from the Texas and Florida areas affected by the storms were ânot significantly lower than normal.â