Digital Readiness Shields Firms as Hurricanes Hammer Local U.S. Economies
Published on: Sept. 24, 2025, 2:29 p.m. | Source: Devdiscourse
A World Bank study using Mastercard data finds that Atlantic hurricanes cut U.S. local business sales by an average of 12.4 percent, or about US$1.38 billion per storm. The economic damage hits restaurants, retail, and independent stores hardest, while firms with strong online sales show greater resilience.
