Forest fire affects economies in many different ways. Fire suppression costs alone can put a significant strain on local budgets, requiring expensive equipment, such as airplanes, helicopters, fire trucks, and water tenders. Regardless of the efforts of forest fire fighters, however, wildfires can destroy property and disrupt communications on a massive scale. Restoration of roads, power, and water supply can come with a considerable price tag. Healthcare expenses are yet another concern, while in some cases, biological habitat restoration is needed. Combined with loss of timber affecting forest owners, temporary housing costs, unemployment, and tourism decline in the affected area, the overall economic impact of forest fires can be enormous. The new EOSDA software for forest monitoring based on NASA FIRMS data can greatly reduce the time of response to wildfires and, as a result, avoid costly forest fire aftermath.