Saving and investment: Disaster losses: Government
W775RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1971 - 4/1/2025
Summary
This economic indicator measures disaster-related losses incurred by the U.S. government. It provides insight into the financial impact of natural disasters and other emergencies on public-sector budgets and operations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Saving and investment: Disaster losses: Government' series tracks the value of disaster-related property losses, infrastructure damage, and other economic costs borne by federal, state, and local governments. This data helps policymakers and analysts assess the fiscal implications of catastrophic events.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys and other government sources.
Historical Context
This indicator is used to inform emergency management planning, budget allocation, and policy responses to major disasters.
Key Facts
- Disaster losses averaged $31.1 billion annually from 2010-2019.
- The costliest year on record was 2017, with $92.8 billion in losses.
- Hurricane-related damages account for the majority of government disaster losses.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the value of disaster-related losses incurred by federal, state, and local governments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the fiscal impact of natural disasters and other emergencies, which informs emergency management planning, budget allocation, and policy responses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and other government sources.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers, economists, and institutions to assess the financial implications of major disasters and inform decisions around emergency management and disaster relief funding.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Saving and investment: Disaster losses: Government (W775RC1Q027SBEA), retrieved from FRED.