AccuWeather estimates Beryl will ultimately lead to $28-32 billion in economic losses in the US

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HOUSTON, Texas (KTRK) — The cost of Hurricane Beryl’s damage, extended power outages, and travel and business disruptions are adding up fast.

ABC13’s partners at AccuWeather issued a preliminary estimate for the damage and economic losses from the storm in Texas and along its path through the United States.

AccuWeather estimates the storm will cost a staggering $28-32 billion in total damage and economic losses.

Their estimate looked at both direct and indirect impacts of the storm, long-term effects on transportation and tourism, and even what’s still expected as Beryl moves into New England.

Houston, being the fourth largest city in the country, also plays a big part in costs.

“(Houston) is a major port, and it’s a major hub of economic activity – not only in the state of Texas but as far as the United States overall,” AccuWeather Chief Meteorologist Jon Porter said.

SEE ALSO: Was Hurricane Beryl worse than expected? Meteorologist weighs in

Hurricane Beryl slammed southeast Texas with hurricane-force winds, leaving heavy damage behind. But was it worse than anticipated?

So far, Beryl has exceeded the cost of Idalia, which last year caused $18-20 billion in damages and economic loss. It’s still below Harvey, which caused $230 billion.

The state is asking anyone who has suffered damage to report it to the Texas Division of Emergency Management website, as this plays a significant role in receiving additional federal money for storm victims.

Under “Active Incidents,” you can look for Beryl and fill out the survey that helps officials assess the need.


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