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Economic Impact of October 2007 Fires (October 2007)

Kelly Cunningham, Economist and Senior Fellow

Tuesday, October 30, 2007

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October 30, 2008 - The final impact or cost to the San Diego region of the fires rampaging through San Diego County beginning October 21, 2007 and continuing at least through today, October 29, 2007, will exceed $2 billion. The figures are based upon the aftermaths observed from the previous major fires impacting San Diego in October 2003, and projected costs for the damages reported so far in 2007.