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  • Editor’s Picks / 25 January 2016 at 9:19 GMT

    What to expect in post-blizzard week ahead

    The Street
    The weekend's East Coast blizzard brought up to 30 inches of snow, gale-force winds, travel chaos, coastal flooding, and 19 deaths. Another likely victim: the US economy, writes The Street's John Persinos. Massive storms invariably clobber business and consumer activity, such as retail and auto sales, hourly worker income, factory production, construction and deliveries of supplies. Notably, during the frigid "polar vortex" snow storms experienced in the first quarter of 2014, US gross domestic product (GDP) declined by 2.1%, after rising by 2.6% in the preceding quarter.
    Read article on The Street
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