The trail of damage caused by the fires could cost the local economy up to $9 billion over five years, depending on the speed of recovery, with potential job losses and reduced tax revenue. Recovery is estimated to take four to ten years,

A new study commissioned by the Southern California Leadership Council found that the county would lose $4.6 billion to $8.9 billion in economic output over the next five years from the Palisades and Eaton fires.