The economic damage associated with commercial buildings facing flood risk in the United States is expected to grow from 49.8 billion U.S. dollars in 2022 to an estimated 63.1 billion dollars by 2052. Direct economic loss represents roughly 54 percent of economic damage in both years.
Economic damage due to flood in commercial buildings in the United States in 2022 and 2052
(in billion U.S. dollars)
According to the source, direct impact refers to direct lost output, while indirect impact refers to impact from downtime days.
The model takes into consideration retail and office buildings facing flood risk in the respective year.
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First Street Foundation. (December 13, 2021). Economic damage due to flood in commercial buildings in the United States in 2022 and 2052 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1292227/economic-damage-due-to-flood-in-buildings-us/
First Street Foundation. "Economic damage due to flood in commercial buildings in the United States in 2022 and 2052 (in billion U.S. dollars)." Chart. December 13, 2021. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1292227/economic-damage-due-to-flood-in-buildings-us/
First Street Foundation. (2021). Economic damage due to flood in commercial buildings in the United States in 2022 and 2052 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1292227/economic-damage-due-to-flood-in-buildings-us/
First Street Foundation. "Economic Damage Due to Flood in Commercial Buildings in The United States in 2022 and 2052 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Dec 2021, https://www.statista.com/statistics/1292227/economic-damage-due-to-flood-in-buildings-us/
First Street Foundation, Economic damage due to flood in commercial buildings in the United States in 2022 and 2052 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1292227/economic-damage-due-to-flood-in-buildings-us/ (last visited November 05, 2024)
Economic damage due to flood in commercial buildings in the United States in 2022 and 2052 (in billion U.S. dollars) [Graph], First Street Foundation, December 13, 2021. [Online]. Available: https://www.statista.com/statistics/1292227/economic-damage-due-to-flood-in-buildings-us/
