Forecasts increase productivity and mitigate extreme weather impacts

Forecasts increase productivity and mitigate extreme weather impacts

The National Weather Service is the primary source of public weather data and forecasts used to inform decision-making and mitigate losses from extreme weather. A willingness-to-pay survey and an impact analysis suggest the potential benefit-to-cost ratio is between $3 (includes forecasts from all federal and private agencies) and $15 (assumes most of the underlying data and forecasts come from the National Weather Service) of value for every $1 spent.