Along with the high frequency of these devastating events is the overall cost. NCEI reports the cumulative damage of these 16 U.S. events during 2017 was $306.2 billion, which breaks the previous U.S. annual record cost of $214.8 billion (Consumer Price Index-adjusted), established in 2005 due to the impacts of Hurricanes Dennis, Katrina, Rita, and Wilma.

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