Typhoons form in the western Pacific Ocean and impact the Philippines frequently between July and November. They are categorized based on wind speed from tropical depression to violent typhoon. Typhoons cause widespread damage through strong winds, heavy rain, and storm surge. They destroy buildings, crops, and vegetation. Loss of life is also common. The economic impacts include damage to infrastructure and negative effects on stock markets. Mitigation efforts include early warning systems, evacuation plans, and policies around suspending activities when typhoons hit.