Turns out extreme weather conditions cause more than just discomfort and inconvenience. 2012 lands second to 2005 as the most costly year in the US since 1980. This is attributed to the numerous climate and weather related occurrences last year.
United States encountered so many calamities last year, like Hurricane Sandy, intense thunderstorms, and droughts such that the total loss rose up to more than $110 billion. This information was provided by National Atmospheric and Oceanic Administration (NOAA).
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