All 3 major medium range global models show formation of a TS in several days to a week in the NW Caribbean then moving into the Gulf and making landfall as a probable hurricane somewhere on the FL Gulf coast in 8-10 days, but we barely even have a tropical wave in the Caribbean right now, so formation is still questionable (NHC has it as a 50% chance of being a named storm in the next 7 days, as per the graphic below) and even if one forms, predicting where it goes and how strong it gets is extremely difficult right now, so let's just see what happens. Obviously, another hurricane hitting the FL coast and possibly bringing inland wind and rain north into the SE US would be a worst case scenario, but that's far from even probable (but it is possible).
FYI, in addition, we now have Hurricane Isaac in the North Central Atlantic (~100 mph, peaked at 105 mph earlier today), but it's forecast to become extratropical and dissipate as it moves north towards Greenland/Iceland. And TS Joyce did form yesterday and is meandering ENE north of the Azores, posing no threats to anyone other than shipping interests and the fishes. Plus, we have another potential TS forming in the next several days not far from Joyce - and also likely to be a fish storm if it forms.
So we're now up to 10 named storms vs. the seasonal avg of 14.4 and 6 hurricanes vs. the seasonal avg of 7.2, so getting to a normal season seems likely, but it's extremely unlikely we'll get anywhere near the CSU or NOAA predictions before the season.