How Bad Is the U.S. 2020 Fire Season?

The U.S. 2020 fire season has been intense so far, especially in California and Oregon. Assessing the spread of wildfires through mid-November shows it is comparable to the two most damaging fire seasons in recent memory. However, learning the cost of actual damages will take time.

Read SF Fed Blog by Luiz E. Oliveira for more on the 2020 U.S. wildfire season, as well as our earlier FRBSF Economic Letter, Rising Wildfire Risk for the 12th District Economy.

The Federal Reserve Bank of San Francisco (SF Fed) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.