While storm left a trail of destruction, several factors combined to limit the damage, report concludes.
work to clean up, the storm is expected to cause between $12 billion and $20 billion in damage and lost economic activity, according to a new estimate.
Most of the losses stem from damage to property, with coastal counties in the state's Big Bend region taking the brunt of the storm's powerful winds, heavy rain and storm surge, Moody's Analytics analyst Adam Kamins said in a report. Flooding was especially severe in Tampa as well as in Charleston, South Carolina, as Idalia swept north.
Despite the destruction, Idalia is unlikely to end up ranking among the most destructive hurricanes in U.S. history, with several factors combining to stem the damage. The storm's worst impact was in counties with fewer people and buildings than in other parts of Florida that have been hit by major hurricanes, Kamins noted.
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