Economy still thriving months after hail storm - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Economy still thriving months after hail storm

Amarillo, Texas - Amarillo's economy is still receiving a boost, months after the hail storm that took it's toll on much of the city.

May's hail storm is still paying off for many Amarillo businesses. Work is staying strong for roofing companies making repairs, and car sales have been at an all time high according to Amarillo National Bank.

Senior Vice President, William Ware, says they can now directly correlate these economic spikes to the hail storm. Building permits have doubled last year's numbers with $44 million worth in roofing permits.

Ware says Amarillo will continue to see an economic boost from the storm.

"I think we should continue to see residual benefits from this hail storm because you have a couple things in our favor. You have additional roofing companies in town helping out. They have employees staying in our hotels, eating at our restaurants. Another factor, that was a really good rain storm, and all the rain combined for this last season will help our economy through this summer and into the fall," Ware said.

Ware adds although our economy was already on track to do well this year, the economic impact that was brought along with the severe weather has greatly benefited Amarillo.
  • Local NewsNewsMore>>

  • Cabinet members head to Capitol Hill to defend Trump budget

    Cabinet members head to Capitol Hill to defend Trump budget

    Wednesday, May 24 2017 3:55 AM EDT2017-05-24 07:55:24 GMT
    Wednesday, May 24 2017 3:55 AM EDT2017-05-24 07:55:24 GMT

    Trump on Tuesday released a 10-year budget plan containing jarring, politically unrealistic cuts to the social safety net and a broad swath of domestic programs.

    Trump on Tuesday released a 10-year budget plan containing jarring, politically unrealistic cuts to the social safety net and a broad swath of domestic programs.

  • Having previously clashed, Trump and Pope Francis meet

    Having previously clashed, Trump and Pope Francis meet

    Wednesday, May 24 2017 3:55 AM EDT2017-05-24 07:55:17 GMT
    Wednesday, May 24 2017 3:55 AM EDT2017-05-24 07:55:17 GMT

    The meeting could provide powerful imagery to Catholic voters back in the United States as well as the possibility for conflict between a president and a pope who have not often seen eye-to-eye.

    The meeting could provide powerful imagery to Catholic voters back in the United States as well as the possibility for conflict between a president and a pope who have not often seen eye-to-eye.

  • Only on AP: CEO pay climbed faster last year, up 8.5 percent

    Only on AP: CEO pay climbed faster last year, up 8.5 percent

    Wednesday, May 24 2017 3:44 AM EDT2017-05-24 07:44:19 GMT
    Wednesday, May 24 2017 3:44 AM EDT2017-05-24 07:44:19 GMT
    The typical CEO at the biggest U.S. companies made $11.5 million last year, according to a study by executive data firm Equilar for The Associated Press.
    The typical CEO at the biggest U.S. companies made $11.5 million last year, according to a study by executive data firm Equilar for The Associated Press.
Powered by Frankly