The 2008 Atlantic hurricane season was the fourth most costly on record.
The 2008 Atlantic hurricane season was the fourth most costly on record, behind only the 2004, 2005 and 2012 seasons, with over $47.5 billion in damage (2008 USD). It was the fourth busiest year since 1944 and the only year on record in which a major hurricane existed in every month from July through November in the North Atlantic. Hurricane Ike was also the most destructive storm of the season, as well as the strongest, devastating Cuba as a major hurricane and later making landfall near Galveston, Texas at nearly Category 3 intensity.
At the BICSI Fall 2008 Conference, CI&M's Chief Editor Patrick McLaughlin posed the question: How will the burgeoning financial market crisis affect the stability of the cabling industry?