USC California superstorm would be costliest US disaster
A hurricane-like superstorm expected to hit California once every 200 years would cause devastation to the state's businesses unheard of even in the Great Recession, a USC economist warns.
Researchers estimate the total property damage and business interruption costs of the massive rainstorm would be nearly $1 trillion.
USC research professor Adam Rose calculated that the lost production of goods and services alone would be $627 billion of the total over five years. Rose, a professor with the USC School of Policy, Planning, and Development, also is the coordinator for ...


