New report on total cost of fire

Blog Post created by ryan.quinn Employee on Apr 22, 2013

NFPA has just released the most recent report on the Total Cost of Fire in the United States. It finds that the cost of fire in 2010 is 38 percent higher than in 1980, at about $328 billion. However, the proportion of U.S. GDP has lessened by one-third, to 2.2 percent.

Among other things, the report finds that, although the core total cost of fire has increased by 45 percent since 1980 to total $108.4 billion, the economic loss due to fire decreased by 29 percent, totaling $14.8 billion. Also, human losses were estimated at $31.9 billion.

TotalCostOfFire(1)For the full report, and the fact sheet on the total cost of fire, please visit www.nfpa.org/TotalCost.