This is the authors' abstract. We don't add key points for this paper.
Historical records of damage from major tornadoes in the United States are taken and adjusted for inflation and wealth. Such adjustments provide a more reliable method to compare losses over time in the context of significant societal change. From 1890 to 1999, the costliest tornado on the record, adjusted for inflation, is the 3 May 1999 Oklahoma City tornado, with an adjusted $963 million in damage (constant 1997 dollars). Including an adjustment for growth in wealth, on the other hand, clearly shows the 27 May 1896 Saint Louis-East Saint Louis tornado to be the costliest on record. An extremely conservative adjustment for the 1896 tornado gives a value of $2.2 billion. A more realistic adjustment yields a figure of $2.9 billion. A comparison of the ratio of deaths to wealth-adjusted damage shows a clear break in 1953, at the beginning of the watch/warning/awareness program of the National Weather Service.
Answers are grounded in this paper and cite their sources.
No takes yet. Share an insight, caveat, or question.
Brooks et al. (2001) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: