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Wine country fires: An economic hit to the state?

Roger Showely, SAN DIEGO UNION-TRIBUNE

Friday, October 20, 2017

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A sign thanking first responders hangs by a newly planted vineyard Monday, Oct. 16, 2017, in Napa, C

 

Kelly Cunningham, National University System - YES: Assuming the fires are contained in the coming week, costs are projected to rise to $100 billion. In addition to loss of life and property, hours of labor and resources expended fighting the fires, as well as costs cleaning up and replacing lost property are included. Furthermore, what the economy would have otherwise produced if not diverted by the fires are additional considerations. However, even this amount represents only 0.0035 percent of California’s $2.8 trillion economy.