The economic toll of the COVID-19 pandemic in the United States will reach $14 trillion by the end of this year, our team of economists, public policy researchers and other experts estimate. That makes it by far the costliest disaster the country has suffered this century.

Putting a price tag on all the pain, suffering and upheaval people here and around the world have experienced from the pandemic is of course hard to do. More than 1.1 million Americans have died of COVID, and many more have been hospitalized or lost loved ones.

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