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Florence damage estimate very high

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(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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