Economic Resilience Actions Avert Losses When Disaster Strikes
Businesses surveyed in Glenn College research reported $1 billion in business interruption loss following Hurricane Harvey in 2017 in Rockport, Texas.
By Joan Slattery Wall
In the face of catastrophic events, scenes of property destruction give the first indicators of economic loss for businesses. Interruptions to the companies’ ability to produce goods and services, however, actually have a much greater effect on their bottom line.