September 12, 2022 by

New research details $3.7 trillion impact of water risk to the U.S. by 2050  

New research recently released by global professional services company GHD, titled Aquanomics: The economics of water risk and future resilience reveals droughts, floods and storms could result in a total loss of $3.7 trillion to U.S. gross domestic product (GDP) between 2022 and 2050.

This is the largest dollar impact faced by any of the countries included in the study, making up the majority of the $5.6 trillion total GDP losses projected across all seven focus countries. This equates to an average annual GDP loss of 0.5 percent. 

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