A woman holds onto her hat against the wind during a snow storm in Boston, Massachusetts February 2, 2015.
Photograph by Dominick Reuter — Reuters
By Chris Matthews
February 19, 2015

Sure, this year’s record snowfall didn’t do New England restaurants any favors, but unless bad weather lasts long enough to affect supply chains and inventory decisions, it won’t take a huge toll on most cities’ economies, says IHS economist Doug Handler—breathless media reports notwithstanding. For many, the shopping (and work) just gets delayed.

This story is from the March 1, 2015 issue of Fortune.

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