George Floyd Riots Caused Record-Setting $2 Billion in Damage, …
https://fee.org/articles/george-floyd-riots-caused-record-setting-2-billion-in-damage-new-report-says-here-s-why-the-true-cost-is-even-higher/
Sep 16, 2020 · As I’ve previously summarized, ample research confirms this:. One study of the 1992 Los Angeles riots concluded that not only did the destruction cause $1 billion in initial property damage, over time it led to an economic decline of $3.8 billion in sales activity and at least $125 million in tax revenue.. Moreover, a 2005 study examining similar riots in the 1960s …
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