U.S. Natural Disaster Costs Reach $306 billion in 2017
Natural disasters caused $306 billion in total damage across the U.S. in 2017 – the largest amount for one year.
According to the National Oceanic and Atmospheric Administration (NOAA), in 2017, there were 16 weather and climate disaster events with losses exceeding $1 billion each across the United States. The events included 1 drought event, 2 flooding events, 1 freeze event, 8 severe storm events, 3 tropical cyclone events, and 1 wildfire event. Overall, the events resulted in the deaths of 362 people and had significant economic effects on the areas impacted.