How Much Will the Northeast Blizzard Cost the U.S. Economy?

A major blizzard has started that is shutting down most of the Northeast corridor of the USA. Cars and trucks are being banned from the roads. Subway and train service is shutting down. People are being warned that two to three feet of snow will fall on Philadelphia, New York and Boston. Flights are being canceled in droves and there are scenes of panic buying in supermarkets.  How much will this blizzard cost the U.S. economy? Continue reading