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    Economic Impacts of Wildfires in Colorado

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    By on landscape
    By Lucy Richardson

    Wildfires serve an important purpose in natural forestation cycles: clearing out invasive undergrowth, improving wildlife habitats and stimulating new growth for the natural ecosystem. Although they can have immensely negative effects on nearby communities, some of these natural growth cycles can be mirrored in the economic impacts left after the fire is contained.

    Colorado Springs is no stranger to the tribulations of wildfires. In late June of 2012, the Waldo Canyon fire burned through 18,247 acres of homes, businesses and public lands just four miles northwest of the Springs’ downtown area. That forced 32,000 residents to evacuate from Colorado Springs, Manitou Springs, Woodland Park and surrounding areas.

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