All of these fires and floods are surely adversely affecting the U.S. economy.
Note that there is more moisture in the air now because of climate change.
There have been weather and fire disasters around the world, which can also adversely affect our own economy, by weakening demand for our products, and increasing the price of things we buy.
http://www.wunderground.com/blog/JeffMasters/comment.html?entrynum=1830
Posted by: JeffMasters, 3:33 PM GMT on June 23, 2011
Flood waters from North Dakota's Souris River are pouring over the levees protecting Minot, North Dakota today, and flood heights are expected to rise to the highest levels in recorded history tonight. The Lake Darling flood control reservoir located about 15 miles upstream from Minot is full to overflowing, and record releases of water are occurring to prevent the lake's dam from over-topping. By this weekend, the Army Corps of Engineers will open the dam's flood gates to a maximum flow rate of 20,000 cubic feet per second, which is roughly double the flow rate that the levees in Minot can handle. Water began flowing over the levees yesterday, forcing the mandatory evacuation of 12,000 residents. By Sunday, water levels on the Souris River are expected to peak at four feet above the previous all-time flood height, set in 1881. Torrential rainfall in Canada on Sunday and Monday, combined with very heavy rainfall and snow melt over North Dakota over the past month, are responsible for the record flood. The Souris River Basin near the Rafferty Dam in Saskatchewan received four to seven inches of rain Sunday into Monday. Flood heights along the Souris River near the Canadian border upstream from Minot are already two feet above the previous all-time highest mark, and that pulse of water is now arriving in Minot. The unprecedented flood is expected to keep much of Minot underwater for at least two weeks. Fortunately, no new heavy rains are expected over the next five days, though up to 1/2" of rain could fall over portions of the Souris River watershed.
Record rains in China kill 175, do $5 billion in damage
Torrential rains triggered severe flooding in eastern China this week, with the death toll for June floods now standing at 175, with 86 people missing. Ironically, the same region experienced severe drought at the beginning of June. The estimated $5 billion in damage from the floods would make 2011 the third most expensive year for floods in China in the past decade. This year is the second consecutive year floods have caused exceptional damage in China. Last year, Western China saw summer precipitation more than 200% above average, and torrential monsoon rains triggered catastrophic landslides that killed 2137 people and did $759 million in damage. Monsoon floods in China killed an additional 1911 people, affected 134 million, and did $18 billion in damage in 2010, according to the WHO Collaborating Centre for Research on the Epidemiology of Disasters (CRED). This was the 2nd most expensive flooding disaster in Chinese history, behind the $30 billion price tag of the 1998 floods that killed 3656 people.
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Tropical Storm Meari, currently located a few hundred miles east of the Philippines' Luzon Island, is expected to track north-northwestwards towards China today and Friday. By Saturday, Meari is expected to be a Category 1 typhoon, and will spread heavy rains over eastern China, worsening the flooding situation there--though the heaviest rains will likely remain offshore.
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