1. Aftermath

    Irene Damage Could Hit $13 Billion

    LONG BEACH, NY - AUGUST 28:  Mona Goodman, Long Beach City Council Vice President, cleans up flood waters at her home after Hurricane Irene swept through on August 28, 2011 in Long Beach, New York. While Hurricane Irene has now been downgraded to a tropical storm, it has knocked out power to more than 3 million people and is attributed to 15 deaths as it travels up the Eastern seaboard.  (Photo by Mike Stobe/Getty Images)

    Mike Stobe

    How much did Hurricane Irene end up costing? The storm caused between $7 billion and 13 billion in damages, according to ABC News. An estimate by the Consumer Federation of America puts wind damage, including downed power lines, at $5 billion and flooding damage at $2 billion. University of Maryland professor Pete Morici estimates that, once you factor in lost economic activity, the cost of the hurricane could be as high as $45 billion. FEMA, however, says it is too early to estimate damage costs.

    Read it at ABC News