As the first half of 2024 comes to a close, it's encouraging to note that billion-dollar events across the US have stayed within average to below-average levels, offering a welcome break from previous years.
In 2024 (as of June 10), there have been 11 confirmed weather/climate disaster events with losses exceeding $1 billion each to affect the United States. These events included 9 severe storm events and 2 winter storm events. Overall, these events resulted in the deaths of 84 people and had significant economic effects on the areas impacted. The 1980–2023 annual average is 8.5 events (CPI-adjusted); the annual average for the most recent 5 years (2019–2023) is 20.4 events (CPI-adjusted).
| Events | Cost | Deaths |
2024 (as of 6 11) | 11 | 11B | 84 |
2023 (1 yr) | 28 | 94.8B | 492 |
2021-2023 (3 yrs) | 66 (22/yr) | 440.8B (146.9B/yr) | 1,690 (563/yr) |
2019-2023 (5 yrs) | 102 (20.4/yr) | 616.1B (123.2B/yr) | 1.996 (399/yr) |
