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
Codes and Standards | Aug 11, 2021
Decentralized approach to codes means emissions reduction responsibility falls on local officials
Efficiency advocates focusing more on local code amendments.
Codes and Standards | Aug 10, 2021
Dept. of Energy issues model energy code determinations for commercial, residential buildings
2021 IECC offers 9.4% site energy savings.
Digital Twin | Aug 9, 2021
Digital Twin Maturity white paper offers guidance on digital twin adoption
Provides lifecycle map and an approach for incorporating digital twins.
Codes and Standards | Aug 5, 2021
Contractors can be liable for building failures many years after project completion
Personal injury suits could be brought decades after substantial completion.
Codes and Standards | Aug 4, 2021
Mass timber is a natural choice for building recycling through deconstruction
Designing wood buildings to optimize recovery of materials for disassembly aids carbon sequestration.
Codes and Standards | Aug 3, 2021
Dept. of Energy releases initial version of the Spawn of EnergyPlus software
Targets new use cases in advanced controls, district systems, and grid integration.
Codes and Standards | Aug 2, 2021
Several U.S. cities among most expensive places to build in the world
San Francisco, New York, and Boston head the domestic list.
Codes and Standards | Jul 28, 2021
American Concrete Institute creates new director of innovative concrete technology post
Aim is to attract emerging technologies for development.
Codes and Standards | Jul 28, 2021
Higher ed faces infrastructure backlog of $112.3 billion
Study recommends integrated strategic planning for best results.
Codes and Standards | Jul 27, 2021
Add a wobbly moon to flooding risk factors
Earth satellite’s orbit variations will lead to sunny-day flooding in the mid-2030s.