Every year when the snow storms hit, the economy takes a huge toll. After the blizzards pass over, the local government has to focus on cleaning up the snow as well as getting the economy back on track as early as possible.
The economic impact of the snowstorms on the loss in productivity, on the flights cancelled as well as on the retail business is quite huge and has to be taken care of immediately.
Approximately $150 million loss, in the airline sector alone, was suffered when a blizzard hit the US in 2010 which actually forced a shutdown of Washington DC for almost 4.5 days costing somewhere around $450 million in losses to the economy.
