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tons of salt on hand. reporter: according to the long island power authority, the storm has the potential to cause power outages for 100,000 customers on long island. and for the first time ever, lipa is deferring storm operations and response to its subcontractor, national grid. but in manhattan today, it was mostly business as usual, although many workers did try to leave early to beat the snow. and if the snowfall is anywhere close to the storm of 78, you ll see the impact in economic data in the weeks ahead. usually major storms cause increased volatility in economic data. so, that jobless claims jump significantly in the beginning as government offices close, because of the storm. and they surge back up after the offices reopened. reporter: if there s a silver lining in this storm, it s the timing. the heaviest snowfall will happen over the weekend. and the clean-up is expected well before valentines day, which contributes $18 billion to the economy. erika m ....
tons of salt on hand. reporter: according to the long island power authority, the storm has the potential to cause power outages for 100,000 customers on long island. and for the first time ever, lipa is deferring storm operations and response to its subcontractor, national grid. but in manhattan today, it was mostly business as usual, although many workers did try to leave early to beat the snow. and if the snowfall is anywhere close to the storm of 78, you ll see the impact in economic data in the weeks ahead. usually major storms cause increased volatility in economic data. so, that jobless claims jump significantly in the beginning as government offices close, because of the storm. and they surge back up after the offices reopened. reporter: if there s a silver lining in this storm, it s the timing. the heaviest snowfall will happen over the weekend. and the clean-up is expected well before valentines day, which contributes $18 billion to the economy. erika m ....
some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. erika miller reports. reporter: this monstrous storm is already being compared to the great blizzard of 78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could also be historic. weather forecasters predict it will leave up to three feet of snow in a wide swath stretching from new york to boston. preparations are well underway. airlines cancelled nearly 4,500 flights, leaving many travelers stranded. here at laguardia, as you can see, our port ....
captioning sponsored by wpbt this is n.b.r. susie: good evening, everyone. i m susie gharib. it s the first major storm to hit the northeast since hurricane sandy and it could be one for the record books. residents and businesses spent the day preparing for the worst. tom: i m tom hudson. the u.s. trade gap narrows as the world buys more made in america products and the u.s. buys less foreign oil. susie: and with gas prices rising, chevy hopes its new diesel chevy cruze will attract buyers looking for more miles per gallon. tom: that and more tonight on n.b.r. susie: millions of people are bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and ca ....
bracing tonight for a powerful snow storm that could cripple the east coast. some forecasters say this could be the blizzard of the century with record amounts of snow and extremely strong winds. in parts of the northeast, transportation was shut down. the governors of massachusetts and connecticut declared a state of emergency and banned car travel, train service and cancelled flights in and out of boston. while the worst of the storm has yet to hit, many businesses and cities were busy making preparations today. erika miller reports. reporter: this monstrous storm is already being compared to the great blizzard of 78, when vast amounts of snow blanketed the ohio valley and the great lakes. that storm lasted 36 hours, leaving cars stranded. this storm could also be historic. weather forecasters predict it will leave up to three feet of snow in a wide swath stretching from new york to boston. preparations are well underway. airlines cancelled nearly 4,500 flights, le ....