A catastrophic blizzard has paralyzed Buffalo, New York, trapping people in their automobiles and cutting out power to thousands of homes. Heavy snow and fierce winds have left buildings near Lake Erie looking like ice castles. Local officials say the circumstances are the worst since 1977. The New York governor, Kathy Hochul, warned the Thanksgiving snowfall in Buffalo would be one of the worst. Hochul: 'We're at war with nature.'
This will cause shortages of food, water and energy! affect the economy of those U.S. states, Miguel Gomez, a food marketing professor at Cornell's Dyson School of Applied Economics, said consumers stock up before a storm. Winter storms will hinder an already stressed supply system, he said. I expect out-of-stocks on some supermarket items. Storms hitting at a bad time for supermarkets. Shoppers from throughout the country have taken to Twitter to complain about empty shelves at Trader Joe's, Giant Foods, and Publix.
