California fires blaze through tourism

Stacey Vanek Smith Jul 8, 2008
HTML EMBED:
COPY
A U.S. Forest Service Hot Shot by a fire near Goleta, Calif. David McNew/Getty Images

California fires blaze through tourism

Stacey Vanek Smith Jul 8, 2008
A U.S. Forest Service Hot Shot by a fire near Goleta, Calif. David McNew/Getty Images
HTML EMBED:
COPY

TEXT OF STORY

Scott Jagow: It’s way too early for wildfires to be roaring through California. The Santa Ana winds are more than two months away. But beautiful spots like Big Sur are already on fire. Stacey Vanek-Smith has more.


Stacey Vanek-Smith: More than 20,000 firefighters are battling blazes in California’s Central Coast. Putting out those fires could run into the hundreds of millions at a time when the Golden State is in the grips of a $15 billion shortfall.

Steven Levy is with the Center for the Continuing Study of the California Economy:

Steven Levy: There are two kinds of economic impacts: property damage, buildings burned down, bridges collapse. And then you have the Big Sur example where it could be two or three months. They could lose a season.

A very lucrative season for Big Sur and Monterey, two of California’s biggest tourist draws.

News Cast: Our top story tonight, the village of Big Sur deserted and it’s residents still under a mandatory evacuation order.

Tourism brings in about $2 billion a year to Monterey County, and is the area’s second-biggest industry after agriculture.

Levy points out cities and states can recover quickly from disasters like these because fires tend to affect undeveloped areas rather than business districts.

In Los Angeles, I’m Stacey Vanek-Smith for Marketplace.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.