Tag Archives: Texas’ worst drought in a decade could rival 2011′s economic losses

Texas is experiencing its worst drought since 2011, with a blistering summer and prolonged dry conditions expected to deal a similar blow to the state’s economy, according to the Texas Comptroller’s office. Temperatures soared above 100 degrees for 40 days this summer and scorched the livelihoods of many Texas farmers. In 2011, a drought cost the Texas economy nearly $7.62 billion in …

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