The deadly flash floods in Texas that killed more than 100 people over the Fourth of July holiday weekend will cause an estimated $18 billion to $22 billion in total damage and economic loss, AccuWeather said.
The weather forecasting service said the preliminary estimate accounts for damage to homes, businesses, campgrounds, recreation facilities, as well as disruptions to commerce and supply chain logistics and financial losses from extended power outages and road closures. The estimate also accounts for major travel delays, tourism losses and damage to infrastructure, as well as long-term physical and mental health