Case Study: National Oceanic and Atmospheric Administration achieves accurate early prediction and quantification of 2017’s record weather losses with AccuWeather For Business

AccuWeather Correctly Predicts Costliest Year for Weather Events Well Ahead of Other Sources

The National Oceanic and Atmospheric Administration (NOAA) faced the challenge of accurately assessing the economic toll and public-safety impacts of 2017’s catastrophic weather events—16 separate disasters, each causing at least $1 billion in losses. AccuWeather For Business provided pre- and real-time economic impact forecasting and cost estimates to inform officials, businesses and the public as storms and wildfires unfolded.

AccuWeather For Business, led by Dr. Joel N. Myers’ forecasts, issued early estimates that flagged 2017 as one of the costliest years for weather, projecting about $360 billion in damages; NOAA’s subsequent official report recorded more than $306 billion and most closely matched AccuWeather’s assessments. Those more accurate, timely estimates—outperforming other public and financial sources—helped drive urgency, guided decision-making, and contributed to preventing loss of life and keeping people out of harm’s way.

National Oceanic and Atmospheric Administration