The U.S. has sustained 395 weather and climate disasters since 1980 where overall damages/costs reached or exceeded $1 billion (including CPI adjustment to 2024). According to the National Centers for Environmental Information, the total cost of these events exceeds $2.770 trillion.
Year to date (as of August 8), there have been 19 confirmed weather/climate disaster events in the U.S., with losses exceeding $1 billion each.
The events included 15 severe storm events, a tropical cyclone event, a wildfire event and two winter storm events.
Potential billion dollar events include:
- Central Severe Weather: Hail storms, high wind and tornadoes impact several central states on June 12-13.
- Midwest Flooding: Damaging floods impact several Midwestern states in late-June.
- Hurricane Debbie: Category 1 Hurricane Debbie made landfall in Florida on August 5.
Overall, the events resulted in the deaths of 149 people and had significant economic effects on the areas impacted, the agency said.
The 1980–2023 annual average is 8.5 events (CPI-adjusted); the annual average for the most recent five years (2019–2023) is 20.4 events (CPI-adjusted).