4.1%the projected growth forecast in Thailand prior to the floods
2.6%the projected growth forecast after the devastating floods source
» A harsh effect, a long reach: With the Thailand floods causing billions of dollars in damage and putting numerous people out of work, Among other industries, the auto industry and the computer industry could suffer significantly due to the Thai flooding. Hard drives could rise in price by up to 40 percent, and car manufacturing plants as far away as North America have had to shut down as a result of the floods — and it’s so bad, some companies are considering sending Thai workers to Japan to continue their work. Many expect the drop in Thailand’s growth forecast to be a sign that the country plans to enact measures to support the economy.
38.9′the crest of the Susquehanna River in Wilkes-Barre, Pa. early Friday morning
40.9′the crest of waters in Wilkes-Barre caused by Hurricane Agnes in 1972, the all-time record
41′the level of flooding the levee in the region can stand; not all regions are levee-protected source
» Toxic waste dangers: The flooding has one particularly disturbing side effect — it reportedly washed out 10 sewage processing plants, leading Pennsylvania Gov. Tom Corbett to warn of messing with the floodwaters. Flood warnings are currently in effect for Pennsylvania, New York, New Jersey and Massachusetts, with other nearby regions, such as Virginia and DC, still in danger of flooding.
As president of the United States I want to make it very clear that we are going to meet our federal obligations because we are one country. When one part of the country gets affected, whether it’s a tornado in Joplin, Missouri or a hurricane that affects that eastern seaboard, then we come together as one country and make sure that everybody gets the help that they need.
President Barack Obama • Speaking about the need for federal disaster funding during a visit to Irene-ravaged New Jersey yesterday. This is an issue as a result of some stuff Eric Cantor said last week, suggesting that federal funding of disaster cleanup would only happen by cutting matching funding elsewhere. We like the point The Bergen Record’s Mike Kelly makes about this: “Memo to conservatives: You make good points about the need for America to get serious about government spending. But this is not a John Wayne western, with steel-eyed gunfighters making black-and-white decisions about life and death.” Conservatives are right on a surface level on this — we need to cut spending — but get down to the nitty-gritty and it’s simply not clear-cut. source
It’s expected to become a tropical storm tomorrow. Because we are apparently in the thick of hurricane season all of a sudden, this unnamed tropical depression, which forecasters expect to become Tropical Storm Lee, will likely dump a ton of rain on the region, including New Orleans. We’ll keep an eye on this one and hope it’s not too bad. source
Our emergency management people are flat-out trying as hard as they can to avoid loss of life. We have been encouraging any Vermonter who lives near a brook, river or lake should head to higher ground.
Vermont Gov. Peter Shumlin • Offering a message to people in his state affected by the now-former tropical storm Irene, which is really now just a giant storm that’s dropping a ton of rain on Shumlin’s state. And the state wasn’t expecting it: According to Shumlin, officials expected the storm to nail the Connecticut River Valley, but the storm track changed and now it’s over Vermont. Some locals have called it the worst flooding the region has seen in a generation. So yeah, Irene’s nothing to screw with even though she’s no longer a tropical storm. source
The waters are rising: The scene in Minot is looking pretty bad at this stage, and the forecast is not heartening — flooding unprecedented for the region is prompting the government to issue evacuation notices, as officials will deliberately release more waters from the Lake Darling Dam to mitigate the crisis (the dam is near Minot as well as other towns). The expected drainage will be three times what Minot could handle, all but assuring the damage and destruction of countless homes. Our thoughts are with these victims, and we hope people will prioritize their own safety. source
$3Bthe estimated peak cost of the Joplin tornado, which hit on Sunday
$5Bthe estimated costs of the storms that slammed the South in April
$2.2Bthe estimated costs of the deliberate flooding on the Mississippi source
» A particularly deadly year for natural disasters: Before April, the weather was relatively calm, but then strong storms in the South and Plains states — complete with tornadoes and flooding — started hitting fast and furious. And with 482 killed by this year’s storms already, it’s been a year filled with heartbreak already.
» The good news? It’s not a record: But, considering it’s within a foot of the record, that’s of little solace to the people whose homes have been damaged by the flooding. Still, if something happens and it gets worse, the city is ready. “We will be prepared even if it goes beyond [48 feet],” said Memphis Mayor A C Wharton Jr. “We have acted all along as if it were right at 49 or 50 feet.” One last note: Major landmarks like Sun Studio, Beale Street and Graceland are safe.
I just want a new life and relocation. I would like the elected officials to come down here to see this with their own eyes and see what we’re going through.
Memphis resident Cedric Blue • Expressing anger over his current plight — as a victim of the near-record flooding that is currently engulfing Memphis. (A note on that: We previously reported that the flood had hit record levels; this was based on information provided by an incorrect Christian Science Monitor report.) The river is expected to crest today, hours earlier than expected, but the city says it’s ready for the flloding — which is not expected to top that of the region’s record 1937 flood, with which it shares many similarities. source
46'the current levels of the Mississippi river in Memphis; some areas are already underwater
48.7'the prior record levels of the river in the area — set during a historic flood way back in 1937
48'the expected crest of the river in the area, which officials expect on Wednesday source
» A little bit of good news: While the floodwaters are extremely high, authorities say there will be no new rain until Tuesday, giving residents an opportunity to deal with the water already there, as well as to consider evacuation plans. (EDIT: A prior version of this story listed a 1927 flood as the record-setter. While the flood was devastating, it was not the worst. We apologize for the error.)