This year’s record-breaking tornadoes, floods, droughts and wildfires will cost the country tens of billions of dollars in economic losses -- and these estimates are expected to climb as the Mississippi flooding and severe drought in Texas continue into the summer.Economists disagree about the precise figures -- with the estimates varying by billions -- but most agree that $10-15 billion in losses are conservative calculations.
Similar Stories to Natural Disasters Could Cost Tens Of Billions In Economic Losses on Bing News
The Huffington Post News Editors, Huffington Post
Thu, 05/19/2011 - 4:12pm
BING NEWS:
- Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Late Fees.
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.
05/2/2024 - 7:09 am | View Link - Hurricanes threaten to stir perfect economic storm
Storms later this year might just blow down an important line of defense for U.S. homeowners. Warmer ocean surfaces and weaker trade-wind patterns are setting the stage for an especially fierce ...
05/1/2024 - 8:30 am | View Link - NOAA's budget is too small. That's costing the US billions of dollars
With a fiscal year 2024 budget of $6.3 billion, the nation's leading weather and climate agency remains significantly underfunded.
04/30/2024 - 1:56 am | View Link - NOAA Billion-Dollar Weather Disasters Are Not Evidence of Climate Change
Weather and climate disaster losses as a percentage of U.S. GDP have not increased between 1990 and 2019, a new study finds.
04/25/2024 - 7:10 am | View Link - Natural disasters: The Latest Architecture and News
Every year, Earth Day, celebrated on April 22, presents us with an opportunity to contemplate the conditions of our planet and our impact upon it. Generating around 37% of global carbon emissions ...
04/16/2024 - 1:01 pm | View Link - More
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