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The economic loss estimates shown in this layer are limited to those losses that can be directly derived from building and infrastructure damage, and that lend themselves to ready conversion from damage to dollars. The real socio/economic picture is much more complex: economic impacts may have major societal effects on individuals or discrete population groups, and there may be social impacts that ultimately manifest themselves in economic consequences. Building economic loss estimates are broken down into the following categories: Building economic loss: Building economic loss is divided into structural and nonstructural loss. Replacement costs are based on 2003 estimates and may underestimate current replacement costs. Building content loss: Building contents are defined as furniture, equipment that is not integral with the structure, computers and other supplies. Contents do not include inventory or nonstructural components such as lighting, ceilings, mechanical and electrical equipment and other fixtures. HAZUS assumes that a percentage of building contents cannot be retrieved at moderate, extensive, and complete structural damage states (5%, 25%, and 50%). Business inventory loss: Business inventories vary considerably with occupancy. HAZUS assumes that business inventory for each occupancy class is based on annual sales. Furthermore, it assumes losses to business inventory most likely occurs from stacks of inventory falling over, objects falling off shelves, or from water damage when piping breaks. Relocation loss: Relocation costs may be incurred when a building or portions of the building are unusable while repairs are being made. In the HAZUS estimate of relocation loss, only the disruption costs of shifting and transferring to a new space and the rental of temporary space is estimated. Rental income loss: Rental income losses are the product of floor area, rental rates per sq. ft. and the expected days of loss of function for each damage state. Rental income losses include... |
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The economic loss estimates shown in this layer are limited to those losses that can be directly derived from building and infrastructure damage, and that lend themselves to ready conversion from damage to dollars. The real socio/economic picture is much more complex: economic impacts may have major societal effects on individuals or discrete population groups, and there may be social impacts that ultimately manifest themselves in economic consequences. Building economic loss estimates are broken down into the following categories: Building economic loss: Building economic loss is divided into structural and nonstructural loss. Replacement costs are based on 2003 estimates and may underestimate current replacement costs. Building content loss: Building contents are defined as furniture, equipment that is not integral with the structure, computers and other supplies. Contents do not include inventory or nonstructural components such as lighting, ceilings, mechanical and electrical equipment and other fixtures. HAZUS assumes that a percentage of building contents cannot be retrieved at moderate, extensive, and complete structural damage states (5%, 25%, and 50%). Business inventory loss: Business inventories vary considerably with occupancy. HAZUS assumes that business inventory for each occupancy class is based on annual sales. Furthermore, it assumes losses to business inventory most likely occurs from stacks of inventory falling over, objects falling off shelves, or from water damage when piping breaks. Relocation loss: Relocation costs may be incurred when a building or portions of the building are unusable while repairs are being made. In the HAZUS estimate of relocation loss, only the disruption costs of shifting and transferring to a new space and the rental of temporary space is estimated. Rental income loss: Rental income losses are the product of floor area, rental rates per sq. ft. and the expected days of loss of function for each damage state. Rental income losses include... |
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description:
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<DIV STYLE="text-align:Left;"><DIV><DIV><P STYLE="margin:0 0 11 0;"><SPAN>The purpose of this dataset is to show economic losses resulting from a modeled earthquake.</SPAN></P><P><SPAN /></P></DIV></DIV></DIV> |
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<DIV STYLE="text-align:Left;"><DIV><DIV><P><SPAN><SPAN>The Washington Division of Geology and Earth Resources (DGER) shall not be held liable for improper or incorrect use of the data described and/or contained herein. This product is provided 'as is' without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of merchantability and fitness for a particular use. The Washington State Department of Natural Resources and the authors of this product will not be liable to the user of this product for any activity involving the product with respect to the following: (a) lost profits, lost savings, or any other consequential damages; (b) the fitness of the product for a particular purpose; or (c) use of the product or results obtained from use of the product. Although these data have been processed successfully on computers of DGER, no warranty, expressed or implied, is made by DGER regarding the use of these data on any other system, nor does the fact of distribution constitute or imply any such warranty.</SPAN></SPAN></P><P><SPAN /></P></DIV></DIV></DIV> |
catalogPath:
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title:
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Economic Loss |
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url:
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tags:
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["HAZUS","census","census tract","county level","earthquake shaking","earthquake damage","earthquake intensity","infrastructure damage","structural repair cost","nonstructural repair cost","building contents","business inventory","inventory","functionality","business interruption","rental income","relocation","wage loss","output loss","societal impacts","total economic loss","seismic","earthquake","Washington","Washington State","geology","geologic","seismicity","seismology","hazard","geologic hazards","Building Economic loss - $1","000","natural hazards"] |
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en-US |
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150000000 |
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