To track one measure of the financial fallout of January’s firestorm, the ICE mortgage data company compared loan payment histories with maps of the fire-scarred communities. The Palisades and Eaton fires destroyed or damaged 12,000-plus structures.
The trail of damage caused by the fires could cost the local economy up to $9 billion over five years, depending on the speed of recovery, with potential job losses and reduced tax revenue. Recovery is estimated to take four to ten years,
Last month’s Palisades and Eaton wildfires caused between $28 billion and $53. ... the Southern California Leadership Council and the LA County Economic Development Corporation studies the impacts of the destruction and economic havoc caused by the ...
A new study finds that the economic impact from the Palisades and Eaton fires, which destroyed thousands of structures in Pacific Palisades and Altadena, will be felt for years.
(KESQ) - Last month's Palisades and Eaton wildfires caused between $28 ... Leadership Council and the LA County Economic Development Corporation studies the impacts of the destruction and economic ...