Nor’easter Could Offer Another Taste of Sandy

By Trey Thoelcke Published Nov 7, 7:05AM EST

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If Hurricane Sandy hurt retail sales and closed businesses through the Mid-Atlantic and Northeast, the problem is about to repeat itself as another storm, albeit a smaller one, approaches. Some economist have said Sandy’s harm will lower gross domestic product by a fraction of a percentage point in the current quarter. That can be added to any slowdown created by the fiscal cliff. In sum, the two could knock growth well below 2%.

The Weather Channel reports:

Energy from the Midwest is pivoting eastward across the South and will spawn a surface low off the Southeast coast by Tuesday. This low will then make the turn northward up the Mid-Atlantic and Northeast coast while intensifying. We will be dealing with a very windy, rainy and cold Wednesday into Thursday along the Northeast I-95 corridor. The strength and duration of the winds would be dictated by the exact track and strength of the low. The winds will kick up high surf along the coast that could lead to additional coastal flooding. Across the interior Northeast or New England, there may be enough cold air for snow to go along with the windy conditions, particularly from the Poconos to the Catskills, Upstate New York and interior New England.

Douglas A. McIntyre

About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.