Superstorm's Toll Could Reach $20 Billion | WCAI

Superstorm's Toll Could Reach $20 Billion

Oct 30, 2012
Originally published on October 30, 2012 1:20 pm
Copyright 2018 NPR. To see more, visit


NPR's business news starts with a preliminary price tag for Sandy.


INSKEEP: OK. The early projections estimate economic losses from the storm that has pounded the Eastern United States could reach up to $20 billion. That's according to analysis from one insurance industry firm. Beyond the physical damage, this takes into account the shutting down of New York City's financial district, also the shutting down of oil refineries, and thousands of stores and businesses. Transcript provided by NPR, Copyright NPR.