United States Billion Dollar Weather Events
The frequency of billion-dollar weather events in the United States appears to be increasing.
By early June 2024, the U.S. has faced 15 separate billion-dollar weather and climate disasters, including thirteen severe storm events and two winter storms, with costs exceeding $37.9 billion.
This number is expected to rise with the ongoing impact of Hurricane Beryl, recent midwestern floods, and severe central U.S. weather events.
Image: United States Billion-Dollar Disaster Events 1980-2024 (CPI-Adjusted).
In 2023, there were 28 such disasters, comprising nineteen severe storms, four floods, two tropical cyclones, one wildfire, one winter storm, and one drought, totaling $92.9 billion.
This surpassed the previous record of 22 events in 2020. Over the last seven years, disaster costs have exceeded $1.1 trillion, and since 1980, they have reached $2.755 trillion (adjusted for 2024 dollars).