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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />CONTENTS <br /> <br />ACKNOWLEDGMENTS """..""""""""""",."",..""..",.,.,....""...".,.."".."..""""..""""".."..,." iii <br /> <br />EXECUTIVE SUMMARY """""""".",.""""".."",'.,.."..."""",",..",.""""""""""""""",..,.",.""v <br /> <br />LIST OF TABLES .....,........................,...,..........,...."....,..,..........,..,....,....,......,....,..,........,..,.....".. vii <br /> <br />LIST OF FIGURES ...,.......,.,..,......,....,.."....,..,.,............,..........,..,..,....,....,...........,..........,....,...... viii <br /> <br />1. INTRODUCTION """,..""""""""""""""".,..,.,.,.,.".,".....",.."""""",.",."""""""",..,.".,,.""",1 <br />Why We Need Historical Flood Damage Data......,......,......,...........,....,..,........,...,..............I <br />Sources of Historical Flood Damage Data,............,.......,...,.....,.,...,..................................,..2 <br />Scope of the NWS Flood Damage Data ................,..,...............,..,.............,...............,........,2 <br /> <br />Purpose and Methods ",.,.,."..."".", "",.",....", ,..""" """ """.., ",..".""",...""".,."",.""..""..,4 <br />Organization"""",.."",.."""".."",.. "" ".."",..,'. .'"" "., ."", """ .", """".", ..,..",..", "",.."."."..5 <br /> <br />2. SOURCES OF FLOOD DAMAGE ESTIMATES, 1926-2000....................,............,.......,........6 <br />Overview of Historical NWS Estimates ...,...............,.......,..........,..........,.................,..........6 <br />Present Methods of Compiling Flood Damage Estimates .......,..........,....,....,..,.............,....,7 <br />Sources of Historical NWS Estimates ....................,..........,....................,............,..........,...,9 <br />Additional Sources of Flood Damage Estimates .........,..................,....,...................,..,......11 <br /> <br />Summary"".." """""""'" "" """" """ ",.""".".",.,..." """"" """"".""""""", "'" ",.."".."", 14 <br /> <br />3, DEVELOPMENT OF THE DATA SETS,......,............,...................,......,......,.........................,I5 <br />Resolving the Data Gap, 1976--1982 ,.............,.,...........,............,.,.......,...........,............,....15 <br />Annual National Flood Damage Estimates (1926--1979,1983-2000) ......,....,..,.......,.......16 <br />Annual Flood Damage Estimates for the States (1955-1979, 1983-2000),...........,.........,16 <br />Annual Flood Damage Estimates in River Basins (1933-1975) ......,.........,......,............,..16 <br />Use of the Damage Estimates ......,..................,....,....,........................,..............................,19 <br /> <br />4, SOURCES OF INACCURACY IN THE DAMAGE DATA .......,..........................,......,......,..20 <br /> <br />Clerical Errors""",..""",..""""""""""""..""..""""""",.,.." ,...".""""". ,., ,.",..""".."",.., ,20 <br />Inconsistency in Reporting over Time ......,........,...,..........,....,...........,....,............,....,........20 <br />Low Precision of Reported Estimates "...", ,..""""" """"".."".."" ,..""""", "",....."". ..,..",22 <br />Inadequate Estimation Methods..",,"'....""".""" ""......""""".",..,..'"",...." """.., """,."..,23 <br /> <br />5. ACCURACY OF DAMAGE ESTIMATES......,.....,........,......,.......,...................,...........,......,..24 <br />Errors in Early Damage Estimates................,..,...,..,....,...."......,..,..,....,....,.......,...............,24 <br />Comparison of Damage Estimates from NWS and States........,..........,....,....,...................30 <br />Accuracy: Summary and Conclusions ....,..........,..,....,........,.....................,..",.............,..,..40 <br /> <br />6. DEALING WITH DATA OMISSIONS AND INCONSISTENCIES ....,..............,................,.43 <br />Frequency of Damaging Floods at the State Level...............,....,.......................................43 <br />Magnitude of Damages ..,..... ....., ........,...., ......,..... ....,.... ..,...... ........ ......, ...." ..........,............45 <br />Implications for Analysis of State Damages.. ,........,................,........,....,....,......,...............49 <br /> <br />Recommendations.." .". ,.." '" ,.."" .", ..", ""'" .., '" .""" ."", """'" ""'" '" """"""""" ""., ,."....,54 <br />