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David J. Phillip / AP

With 51.88 inches of rain recorded near Mont Belvieu, Texas, Tropical Storm Harvey has broken the 48-inch record for rainfall in the continental U.S. and may break the all-U.S. record of 52 inches in Hawaii. Here are the key numbers which paint the human and economic impact of on one of the worst natural disasters to strike the U.S. in recent memory:

  • 31 deaths confirmed as of Wednesday afternoon, per NYT.
  • 2nd landfall as Harvey hits Louisiana.
  • 24.5 trillion gallons of rain have fallen in Texas and Louisiana, with 19 trillion in Texas and 5.5 trillion in Louisiana, per WaPo.
  • $50 billion in damages, according to an early estimate reported by the Houston Chronicle.
  • 13 million people directly affected by the storm, and subject to flood warnings.
  • 1 million liters of water and 1 million meals sent to Texas by FEMA.
  • 13,000 rescues in Houston and surrounding areas as of Tuesday night.
  • 200,000 people have asked FEMA for federal assistance, with hundreds of thousands more projected.
  • 12,000 guardsmen serving affected areas, including the entire Texas National Guard.
  • 800 active duty soldiers serving affected areas.
  • 30,000 people displaced across more than 230 shelters.
  • 215,000 students out of school in Houston.
  • 130 mph sustained winds when Harvey made landfall last Friday as a Category 4 hurricane.

Go deeper

Dion Rabouin, author of Markets
11 mins ago - Economy & Business

First glimpse of the Biden market

Photo: Jonathan Ernst-Pool/Getty Images

Investors made clear what companies they think will be winners and which will be losers in President Joe Biden's economy on Wednesday, selling out of gun makers, pot purveyors, private prison operators and payday lenders, and buying up gambling, gaming, beer stocks and Big Tech.

What happened: Private prison operator CoreCivic and private prison REIT Geo fell by 7.8% and 4.1%, respectively, while marijuana ETF MJ dropped 2% and payday lenders World Acceptance and EZCorp each fell by more than 1%.

Mike Allen, author of AM
43 mins ago - Politics & Policy

Biden-Harris, Day 1: What mattered most

President Joe Biden and first lady Dr. Jill Biden arrive at the North Portico of the White House. Photo: Alex Brandon-Pool/Getty Images

The Axios experts help you sort significance from symbolism. Here are the six Day 1 actions by President Biden that matter most.

Driving the news: Today, on his first full day, Biden translates his promise of a stronger federal response to the pandemic into action — starting with 10 executive orders and other directives, Caitlin Owens writes.

2 hours ago - Politics & Policy

Read: Pete Buttigieg's opening statement ahead of confirmation hearing

Pete Buttigieg, President Biden's nominee to be secretary of transportation, in December. Photo: Kevin Lamarque/AFP via Getty Images

Pete Buttigieg, President Biden's nominee to lead the Transportation Department, will tell senators he plans to prioritize the health and safety of public transportation systems during the pandemic — and look to infrastructure projects to rebuild the economy — according to a copy of his prepared remarks obtained by Axios.

Driving the news: Buttigieg will testify at 10 a.m. ET before the Senate Committee on Commerce, Science and Transportation. He is expected to face a relatively smooth confirmation process, though GOP lawmakers may press him on "green" elements of Biden's transportation proposals.