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Mayor Bloomberg on the ropes: Seven ways the blizzard still lingers

5. A post-holiday chill on economy

Mary Altaffer/AP
These New York shoppers braved the snow on Dec. 26, but many others didn't.

Retail sales in the Northeast took a hit, especially on a Sunday when many people head out to look for post-Christmas bargains. By one ShopperTrak estimate, that might put a $1 billion dent in retail sales (albeit a temporary one). Airlines could see $100 million or more in revenue lopped off their next quarterly reports. City governments in the region had to dig deep to pay for snow removal.

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