Financial Impact Of The Blizzard Of 2015

  Wednesday, January 28th, 2015 Source: The Boston Globe

Snowy days come with their own unique pleasures, from tumbling flakes and white-capped trees to afternoon movies and powdered cocoa. But there are costs too, particularly when the snow is piled high enough to keep 20 million people stuck at home. Count up the closed doors at area businesses, the lost wages for waylaid workers, and the salting and plowing of miles of roadway, and a one-day storm can end up costing hundreds of millions of dollars.When shops can’t open, people can’t buy. And today there are tens of thousands of unopened stores and millions of nonbuyers.

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