Building off of previous analysis, the Center for American Progress looked at disaster data from the National Oceanic and Atmospheric Administration, the Federal Emergency Management Agency, and Aon Benfield over the past four years and found that:
- There were 42 extreme weather events that each caused at least $1 billion in damage.
- These extreme weather events caused 1,286 fatalities and $227 billion in economic losses across 44 states.
- On average, there were 61 presidential major disaster declarations per year because of extreme weather events.
While severe precipitation events tend to be the most deadly, the most expensive extreme weather disaster of the decade thus far is the Western drought, which has cost $46 billion to date, according to CAP analysis. University of California, Berkeley, Professor B. Lynn Ingram told The New York Times that California is “on track for having the worst drought in 500 years.” In order to protect perilously low freshwater resources, multiple states have taken increased measures to manage natural resources that are key to the region’s economy.
Read more at Extreme Weather on the Rise

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