Post by Logan on Jan 25, 2016 13:27:37 GMT -6
Fliers are continuing to face delays and cancelations in the aftermath of a massive weekend blizzard that slammed into the eastern U.S.
More than 2,500 flights were delayed or canceled Monday. That's an improvement from Friday and Saturday.
Meanwhile, estimates of the storm's economic impact are tame. Ryan Sweet and Adam Kamins, economists at Moody's Analytics, peg the lost economic output at about $2.5 billion to $3 billion. That's relatively small in the context of a $16 trillion economy.
The figure represents lost income for hourly workers and spending that was skipped. It does not include the cost of damage to roads or other infrastructure.
At least 37 people were killed in the storm. It dumped more than 20 inches on the East Coast - and 42 inches in one West Virginia town.
Continued at hosted.ap.org/dynamic/stories/U/US_BIG_SNOWSTORM_THE_LATEST?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-01-25-14-11-24
More than 2,500 flights were delayed or canceled Monday. That's an improvement from Friday and Saturday.
Meanwhile, estimates of the storm's economic impact are tame. Ryan Sweet and Adam Kamins, economists at Moody's Analytics, peg the lost economic output at about $2.5 billion to $3 billion. That's relatively small in the context of a $16 trillion economy.
The figure represents lost income for hourly workers and spending that was skipped. It does not include the cost of damage to roads or other infrastructure.
At least 37 people were killed in the storm. It dumped more than 20 inches on the East Coast - and 42 inches in one West Virginia town.
Continued at hosted.ap.org/dynamic/stories/U/US_BIG_SNOWSTORM_THE_LATEST?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2016-01-25-14-11-24