{"id":661913,"date":"2010-02-11T09:09:20","date_gmt":"2010-02-11T14:09:20","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/02\/11\/snowverkill-creates-headache-for-economy-watchers\/"},"modified":"2010-02-11T09:09:20","modified_gmt":"2010-02-11T14:09:20","slug":"snowverkill-creates-headache-for-economy-watchers","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/661913","title":{"rendered":"Snowverkill Creates Headache for Economy Watchers"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sg.wsj.net\/public\/resources\/images\/MI-BB379_AOT_NS_20100210211748.gif?resize=185%2C281\" alt=\"\" width=\"185\" height=\"281\" align=\"right\" \/>As <a href=\"http:\/\/blogs.wsj.com\/economics\/2010\/02\/10\/snow-likely-to-make-mess-of-jobs-reports\/\">noted yesteday<\/a>, the Mid-Atlantic blizzard is likely to impact jobs reports, but the weather isn&#8217;t likely to have as large an impact on gross domestic product this quarter, which forecasting firm Macroeconomic Advisers estimates is running 3.1% at an annualized rate after 5.7% growth in the fourth quarter.<\/p>\n<p>Some industries are even benefiting from a &#8220;snowstorm stimulus&#8221; of sorts. Hotels are jammed with travelers. Supermarket shelves were cleared ahead of the storm as households stocked their pantries and purchased batteries.<\/p>\n<p>At <strong>Barbour<\/strong> Inc., a maker of heavy-duty jackets and sportswear based in Milford, N.H., &#8220;we could be doing even better right now if we had more inventory available,&#8221; says <strong>Tom Hooven<\/strong>, the company&#8217;s general manager. But high demand means the company hasn&#8217;t had to discount its winter gear as much, so profit margins are fatter.<\/p>\n<p>The blizzard is proving a boon to some industries and a stumbling block for others. But it&#8217;s a universal headache for those trying to gauge the recovery.<\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/t1kTQV5c9Ph8C-zmnmuc9F6OMgI\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/t1kTQV5c9Ph8C-zmnmuc9F6OMgI\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/t1kTQV5c9Ph8C-zmnmuc9F6OMgI\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/t1kTQV5c9Ph8C-zmnmuc9F6OMgI\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=8kp9VlaNsUM:0Z7X0-RN0x8:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=8kp9VlaNsUM:0Z7X0-RN0x8:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=8kp9VlaNsUM:0Z7X0-RN0x8:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=8kp9VlaNsUM:0Z7X0-RN0x8:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=8kp9VlaNsUM:0Z7X0-RN0x8:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=8kp9VlaNsUM:0Z7X0-RN0x8:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/economics\/feed\/~4\/8kp9VlaNsUM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As noted yesteday, the Mid-Atlantic blizzard is likely to impact jobs reports, but the weather isn&#8217;t likely to have as large an impact on gross domestic product this quarter, which forecasting firm Macroeconomic Advisers estimates is running 3.1% at an annualized rate after 5.7% growth in the fourth quarter. Some industries are even benefiting from [&hellip;]<\/p>\n","protected":false},"author":788,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-661913","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2Mc1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/661913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/788"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=661913"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/661913\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=661913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=661913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=661913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}