Economic impact of the Los Angeles Wildfires

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<title>Economic impact of the Los Angeles Wildfires</title>
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<namePart>Li, Zhiyun</namePart>
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<namePart>Yu, William </namePart>
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<abstract displayLabel="Summary">In January 2025, Los Angeles experienced the most catastrophic wildfires in its history. Since January 7, a series of wildfires have ravaged L.A. County, consuming 55,082 acres due to strong Santa Ana winds and severe dry conditions. The Palisades and Eaton Fires were the most destructive, burning 23,400 and 14,000 acres, respectively. To date, the fires have claimed at least 28 lives and destroyed over 16,240 structures.This report provides an initial assessment of the extensive losses and economic impact of these devastating wildfires.</abstract>
<tableOfContents displayLabel="Contents">Direct Property Loss -- Impacts on Home Value and Housing Affordability -- Home Insurance Markets in California -- Fiscal Impacts on Governments -- Pollution and Health Impact -- Impacts on GDP, Business and Labor Markets -- Conclusions</tableOfContents>
<note type="statement of responsibility">Zhiyun Li, William Yu</note>
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<topic>Catástrofes naturales</topic>
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<topic>Impacto económico</topic>
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<topic>Seguro multirriesgo del hogar</topic>
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<url displayLabel="electronic resource" usage="primary display">https://www.anderson.ucla.edu/about/centers/ucla-anderson-forecast/economic-impact-los-angeles-wildfires</url>
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<title>UCLA Anderson Forecast.- Los Angeles : UCLA Anderson School of Management</title>
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<text>January 2025 ; 24 p.</text>
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