NU Online News Service, June 30, 3:50 p.m. EDT
A sizable earthquake in the New Madrid seismic zone, located in the central U.S., could cause $300 billion in direct economic losses from the immediate states impacted, according to a recent report.
The report, "Impact of New Madrid Seismic Zone Earthquakes on the Central USA," released by the Mid-America Earthquake Center at the University of Illinois, concludes that indirect losses from a magnitude 7.7 earthquake caused by the rupture of all three New Madrid faults would be at least twice the $300 billion direct loss figure.
Tennessee, Arkansas and Missouri would suffer the most severe damage, with Illinois and Kentucky also impacted, the report states.
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