<p>In this NOAA satellite handout image captured at 15:02 UTC, shows Hurricane Florence as it travels west in the Atlantic Ocean off the coast of the U.S. on September 13, 2018. Coastal cities in North Carolina, South Carolina and Virginia are under evacuation orders as the Category 2 hurricane approaches the United States. (Photo by NOAA via Getty Images)</p>
(AP) A private weather-forecasting firm is estimating that Hurricane Florence will cause $50 billion to $60 billion in economic damages.
Accuweather founder and President Joel Myers said in a news release Thursday that much of that will stem from flooding, with coastal damage as the second-biggest factors. Winds come in third.
Duke Energy predicts power outages caused by Florence will range from 1 million to 3 million customers. It's got more than 20,000 workers from the Carolinas and other states in place to restore power.
Duke Energy is the largest of the utilities in the Carolinas.
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