Cost of Hurricane Sandy Compared to Other Major US Disasters

Superstorm Sandy will ultimately be known as one of the costliest economic disasters ever experienced in the U.S. An estimated $50 billion will be lost as a result of the storm, says Mark Zandi,chief economist at Moody’s Analytics. Only Katrina, 9/11 and Hurricane Andrew suffered bigger economic losses, he says. In a teleconference and webcast this […]

US City With Highest Salaries

Residents of metropolitan Washington DC enjoy the highest average household income in the country. That rate is currently a little north of 85,000 dollars. In addition, it is the only city in the top 52 largest metropolitan areas surveyed that had a consistent or modest increase in income for 2009.  The only other city that […]

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