The weather pattern that sent snow storm after snow storm across the US is breaking down, leading to forecasts of one of the biggest snow meltdowns 'we have ever seen.'
Federal help for winter storm damage is on the way to 35 areas in the US. Recovery hits state and local budgets hard.
Heavy snow and high winds added up to a 'snowicane' in New York. After so many winter storms, one meteorologist says, 'I'm ready for spring.'
The fifth big snowstorm to hit the East Coast this season - forecast to begin Thursday - has meteorologists reaching for Thesauruses and trash-talking in their efforts to top one another. At what point does a legitimate warning of a 'Monster Storm' become hype?
Effects from a snow storm like the one that blanketed the mid-Atlantic this week can add up to billions of dollars, once lost productivity and sales and emergency road clearing are factored in. But the cost to the overall US economy is likely to be short term.
The East Coast is bracing for Wednesday's big snow storm. New York is expected to bear the brunt this time, with airlines already canceling flights in the region and schools shut for the day.
Retailers took a hit on Christmas shopping sales because of the snowstorm, though online sales surged. The storm also took a financial toll on towns that had to dig into their snowplowing budget early.
Retailers hoping for Black Friday crowds like wintery weather, which reminds people of the holidays. Meteorologists predict that's what they'll get on that big shopping day after Thanksgiving.
Consumers are still hesitant to spend. For the year, retail sales are expected to decline about 3 percent, says the National Retail Federation.
Gasoline and some heating costs are expected to be relatively low in 2009.