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Texas Floods Caused $22 Billion In Damage, AccuWeather Says

  • Writer: By The Financial District
    By The Financial District
  • Jul 10
  • 1 min read

Last week’s catastrophic flooding in Texas, which killed more than 100 people, is among the deadliest and costliest flash floods in U.S. history, underscoring the growing risks faced by communities unprepared for extreme rainfall intensified by global warming, Bloomberg News reported.


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The affected region—locally known as “Flash Flood Alley” due to its history of deadly storms—lacked basic public alert systems such as warning sirens. I Photo: Nasdaq Facebook


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Although the full financial toll is still being assessed, AccuWeather’s preliminary estimate places the total damage and economic loss between $18 billion and $22 billion.


This figure includes both direct and indirect impacts as well as longer-term effects on businesses, including those in the tourism industry.


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The affected region—locally known as “Flash Flood Alley” due to its history of deadly storms—lacked basic public alert systems such as warning sirens, which could have roused residents during the overnight deluge.


Officials say high installation costs have delayed such infrastructure, and recent federal budget cuts to weather and emergency services under the Trump administration have come under scrutiny in the disaster’s aftermath.



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