Persistent flooding from high tides and minor storms are damaging economies in some coastal cities including Atlantic City and Annapolis.
In Annapolis, Maryland’s capital, eight flood-affected downtown businesses missed out on 3,000 customer visits in 2017, according to a study by Stanford University researchers. The losses amounted to between $86,000 and $172,000, the study says.
The report highlights the fact that flooding doesn’t have to be tsunami-like from giant storms to damage local economies. Lesser amounts of water surging from storm drains and gutters is having a notable impact, even though these flooding events don’t make national headlines.
Minor floods reduce customer visits to local businesses by about 40% compared with a normal day, the study says. Moderate floods diminish them by up to 65%, and major floods by nearly 90%. Given that one foot of water is enough to float some cars, and another foot will sweep even heavy ones off their wheels, these findings are not surprising.
Related Stories
| Feb 20, 2012
Comment period for update to USGBC's LEED Green Building Program now open
This third draft of LEED has been refined to address technical stringency and rigor, measurement and performance tools, and an enhanced user experience.
| Feb 20, 2012
GAF introduces web portal for architects and specifiers
The new portal offers a clean look with minimal clutter to make it easier to find the technical information and product data that architects need.
| Feb 17, 2012
AGC advocates for federal procurement reform
Ensure that small business goals take into consideration actual small business capacity in relevant specialty markets.
| Feb 17, 2012
Codes not to blame for Anchorage roof collapses following heavy snows
Design or construction problems likely contributed to the collapses, according to city officials.
| Feb 17, 2012
Comment period opens March 1 for LEED 2012 update
USGBC says that LEED's strength comes from its continuous evolution.
| Feb 17, 2012
OSHA training videos on proper respirator use available online
17 short videos to help workers learn about the proper use of respirators on the job.
| Feb 17, 2012
Union/employer collaboration on the rise aimed at exceeding OSHA safety standards
Unions have learned to help employers win contracts with bids made competitive through good safety practices.
| Feb 16, 2012
Gain greater agility and profitability with ArchiCAD BIM software
White paper was written with the sole purpose of providing accurate, reliable information about critical issues related to BIM and what ArchiCAD with advanced technology such as the GRAPHISOFT BIM Server provide as an answer to address these issues.
| Feb 9, 2012
Initiative to sell off under-used federal property gaining momentum
The bill is similar to a White House planto cut $8 billion worth of building costs by the end of the 2012 fiscal year, and to establish a panel to identify other sites worth selling or donating to nonprofits or state and local governments.