Heavier flooding puts many small businesses at risk
The increasing frequency and severity of floods across the US are pushing small businesses to the brink, with many one disaster away from closure.
Mary Cunningham reports for The Guardian.
In short:
- Root Hill Cafe in Brooklyn faces frequent flood damage, losing about $3,500 in sales and employee pay for each day closed.
- Small businesses nationwide struggle with high flood insurance costs and insufficient coverage, as seen in Vermont's $300 million flood damage last summer.
- Experts urge infrastructure upgrades and better flood risk transparency to support small businesses.
Key quote:
“We are constantly checking the weather... If we see that there’s a hurricane in Florida, it’s like, oh my God, please let it not come here.”
— Alejandra Palma, co-owner of Root Hill Cafe
Why this matters:
Flooding threatens the survival of small businesses, which employ nearly half of US workers and contribute significantly to the economy. Communities are calling for greater support from both state and federal governments, emphasizing the need for improved flood defenses, better urban planning, and more accessible disaster relief funds. Advocates argue that proactive measures, such as investing in green infrastructure and restoring natural floodplains, could mitigate future risks.
