On October 22 local time, according to Bloomberg News,The United States has lost more than $101 billion in economic losses due to severe storms and fires in the Los Angeles area of California in the first half of this year, a new record high.¡£

The data came from a ¡°billion-dollar disaster database¡± reopened by a non-profit organization, which was officially terminated by the Trump administration in May this year.The report noted that spring storms and the Los Angeles ¡°Palisades¡± forest fires were the main sources of losses.