The total cost of structural fires in the United States in 2014 was $328.5 billion, according to a new report written by University at Buffalo engineers and issued by the National Fire Protection Association.
Of that total, $273.1 billion, or 83%, of the cost was attributed to outfitting new buildings with fire prevention systems, operating fire departments, fire insurance, and other expenditures. The cost associated with losses—such as deaths, injuries, and destruction of property—was $55.4 billion.
The report examined only structural fires involving residential, commercial and industrial buildings. It did not factor in wildfires, vehicle fires, and other outdoor fires.
Other findings include:
— The total cost of structural fires in the U.S. has increased by 50% from 1980 to 2014, from $218.5 billion to $328.5 billion (both in 2014 dollars).
— The total cost of structural fire in the U.S. as a percentage of the nation’s gross domestic product has dropped from 7.6% in 1980 to 1.9% in 2014, a 75% decrease.
Related Stories
| Nov 14, 2014
Former U.S. Treasury Secretary Paulson works to upgrade China’s building codes
Former U.S. Treasury Secretary Hank Paulson is today focused on making new construction in China more energy efficient by working with leaders to upgrade building codes.
| Nov 14, 2014
California aims for 20% reduction in water consumption by 2020
California’s comprehensive new water use plan makes conservation a priority, reinforcing a 2009 plan to reduce statewide per capita water consumption by 20% by 2020.
| Nov 6, 2014
Demountable structural steel could up the ante on sustainability
Demountable structural steel assemblies would be a greener way to make use of steel in the construction industry than recycling.
K-12 Schools | Nov 6, 2014
New Sandy Hook school features could influence security standards
The design of the new Sandy Hook Elementary School on the site of the 2012 Newtown, Conn., school shooting features enhanced security measures—some subtle and others more prominent.
| Nov 6, 2014
OSHA seeking input on electrical standards
The Occupational Safety and Health Administration (OSHA) is reviewing electrical standards for the construction industry to make sure proper safeguards are in place as electrical wiring is being installed and maintained.
Smart Buildings | Oct 30, 2014
Energy Department pledges $9 million for energy efficiency improvements on commercial buildings
The U.S. Dept. of Energy will spend $9 million to encourage investments in energy-saving technologies that can be tested and deployed in offices, shops, restaurants, hospitals, hotels and other types of commercial buildings.
| Oct 30, 2014
Steel Framing Industry Association’s certification program aims to ensure connector quality
The Steel Framing Industry Association has launched a certification program to ensure that cold-formed steel connectors meet quality guidelines, building codes, and ASTM standards.
| Oct 30, 2014
American Concrete Institute releases reorganized structural concrete code requirements
The reorganized document is organized from an engineer’s perspective. The requirements flow more intuitively and have fewer cross-references for improved logic and flow of information.
| Oct 30, 2014
USGBC pushes back LEED v4 deadline
Extending the deadline gives LEED users additional time to prepare for LEED v4, the latest version of LEED, which features increased rigor and multiple updates.
| Oct 24, 2014
Solar panels could be required on most new construction in San Francisco
A San Francisco city councilor will propose a new regulation that could soon mandate solar panels on most new construction in the city and on many existing apartment buildings.