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US already struck by record number of billion-dollar disasters in 2023: NOAA

2024-12-19 11:21:58 Markets

A record number of billion-dollar weather and climate disasters have already hit the U.S. this year, according to the National Oceanic and Atmospheric Administration, with several months remaining in 2023.

A total of 23 separate billion-dollar disasters have been confirmed this year -- the most events on record during a calendar year, NOAA announced on Thursday.

Roofing material covers a fallen palm tree after Hurricane Idalia in Perry, Fla., Aug. 31, 2023.Christian Monterrosa/Bloomberg via Getty Images, FILE

The average number of billion-dollar weather- and climate-related events between 1980 and 2022 is 8.1. However, the annual average for the past five years, 2018 to 2022, is 18 events.

These events include two flooding events, 18 severe storm events, including Hurricane Idalia in August, one tropical cyclone event, one winter storm event, and the recent Maui wildfires.

MORE: Hurricane Ian could cause $75 billion in damage

NOAA is also watching the aftermath of Tropical Storm Hilary, which struck Southern California last month, and the drought in the South and Midwest, as potential billion-dollar disasters for 2023.

In an aerial view, a car is left stranded in widespread flooding as a series of atmospheric river storms melts record amounts of snow in the Sierra Nevada Mountains, March 23, 2023 near Corcoran, Calif.David Mcnew/Getty Images, FILE

Much of the eastern U.S. has been consistently warmer than average during 2023, with 28 states experiencing a top-10 warmest January through August, according to NOAA.

MORE: Damage from weather, climate disasters could exceed $100B in 2022, NOAA says

In addition, the Atlantic Hurricane season runs through Nov. 30, and NOAA has predicted above-average activity for the remainder of the season.

Burned palm trees and destroyed cars and buildings in the aftermath of a wildfire in Lahaina, western Maui, Hawaii, Aug. 11, 2023.Moses Slovatizki/AFP via Getty Images

The billion-dollar disasters in 2023 have resulted in more than 250 deaths, and had significant economic effects on the areas impacted, according to NOAA.

Since 1980, the U.S. has experienced 371 weather and climate disasters in which the damages and costs reached or exceeded $1 billion, which includes a consumer price index adjustment to 2023, according to NOAA.

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