Snowed In: The Blizzard Economy Infographic
The Blizzard mint .com Economy: The financial impact of America's snowstorms Accidents & Damage Snow Cleanup Airline Expenses & Canceled Flights Lost Productivity Retail Sales If a nationwide blizzard hit America and every U.S. job shut down for a day, the cost in lost productivity would be over $9 billion, according to calculations based on productivity statistics from Salary.com and AOL. That doesn't include all the accidents, canceled flights, snow cleanup, and lost sales that also follow blizzards. In this infographic, we explore the flurry of costs associated with past winter snowstorms. The December 26-27, 2010 North American Blizzard caused $60 million in damages from northern Florida to Canada In 2010, New York City spent $63 million on snow cleanup (50 in. that year!) Philadelphia, Boston, Baltimore, and other major Northeastern cities spent tens of millions each The same blizzard cost airlines approximately $150 million in lost revenue, de-icing, accomodations, and overtime The Blizzard of 2010 (Feb.) shut D.C. down for 4.5 days, costing about $450 million The U.S. Federal Government loses about $100 million a day in productivity when it shuts down for snow. The Dec 26, 2010 blizzard cost retailers over $1. billion in lost post-Christmas sales And winter 2011 has only just begun! by @shanesnow for Mint.com Sources: ShopperTrak, Boyd Group Consulting, Weather.gov, NYC.gov mint .com
Snowed In: The Blizzard Economy Infographic
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