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Floods are the leading cause of natural-disaster losses in the U.S. More than 75 percent of declared Federal disasters are related to floods, and annual flood losses average almost $8 billion with over 90 fatalities per year. Although the amount of fatalities has declined due to improved early warning systems, economic losses continue to rise with increased urbanization in flood-hazard areas.
Floods are the leading cause of natural-disaster losses in the U.S. More than 75 percent of declared Federal disasters are related to floods, and annual flood losses average almost $8 billion with over 90 fatalities per year. Although the amount of fatalities has declined due to improved early warning systems, economic losses continue to rise with increased urbanization in flood-hazard areas.
Floods are the leading cause of natural-disaster losses in the U.S. More than 75 percent of declared Federal disasters are related to floods, and annual flood losses average almost $8 billion with over 90 fatalities per year. Although the amount of fatalities has declined due to improved early warning systems, economic losses continue to rise with increased urbanization in flood-hazard areas.
Floods are the leading cause of natural-disaster losses in the U.S. More than 75 percent of declared Federal disasters are related to floods, and annual flood losses average almost $8 billion with over 90 fatalities per year. Although the amount of fatalities has declined due to improved early warning systems, economic losses continue to rise with increased urbanization in flood-hazard areas.