The Economics and Social Benefits

of NOAA Data and Products

Featured NOAA Economic Benefit

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events/tornado
Between 1992 and 2004, the NWS's NEXRAD radar system prevented over 330 fatalities and 7800 injuries from tornadoes, resulting in a socioeconomic benefit of over $3 billion. This savings may be compared to the total capital of site acquisition and NEXRAD preparation cost of less than $1.7 billion, in 2004 dollars (Sutter and Simmons, 2006).

Economic Statistics for NOAA - Sixth Edition - April 2008
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Last modified: Fri 11 Jul 2008 15:34:26 EDT