DETROIT (WWJ) Despite the complaints that the snow storm was overhyped, one firm is estimating that it cost Michigan more than a quarter of a billion dollars.

Boston-based IHS Global Insight claims the flight cancellations and business closures lost the state about 251-million dollars. 

The Grand Rapids Press spoke with, Greg Cohen, president of the American Highway Users Alliance, which commissioned the study. “The shocking losses estimated by this study should light a fire under state and local authorities nationwide to get serious about investing in quicker and more effective snow and ice removal.”

“When roads are left unsafe or impassable, it is more than a public safety issue – it’s like money being thrown down the drain,” Cohen added.

The cost of the snow storm impact estimated for New York State came in at about 700-million dollars.  

The firm claims the biggest impact was on hourly workers.


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

More From CBS Detroit

Best Cooking Classes In DetroitLearn how to whip up some wonderful dishes while having fun!
5 Bucket List Items To Cross Off In DetroitThe “must-do” items for anyone making a trip to Detroit.

Watch & Listen LIVE