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MAY 07, 2013 - TheStreet

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Winners and Losers in Sandy Recovery

NEW YORK (TheStreet) -- Recent figures from the National Hurricane Center show that hurricane Sandy was the second-costliest in U.S. history, with estimated damages in the neighborhood of $50 billion. This puts recovery costs behind only hurricane Katrina, which created inflation-adjusted costs of nearly $130 billion. To gain some added perspective, Florida's hurricane Andrew in the early 1990s caused damages equal to roughly $44 billion in today's inflation-adjusted dollars. Now that more than six months have passed since the storm devastated the country's eastern coast, we can start to ... Read More

Tags: Winners and Losers in Sandy Recovery,  Hurricane Sandy Latest News