As the U.S. economy continues to improve, the United States by the end of the year shopping season is expected to usher in the harvest. But the recent attacks on the U.S. East Coast region caught in a blizzard, to the Christmas shopping season after the cast a shadow.
It is reported that strong winds mixed with snow for at least the New York area outage frequency of more than 1,500 aviation, highway traffic and rail transport services paralyzed temporarily.
According to the National Retail Federation (NRF) predicts the end of this year's shopping season, U.S. consumer spending is expected to more than 450 billion U.S. dollars, up 3.3% over last year, the highest in nearly five years, the highest rise since. The storm weather so that people have to stay at home, the U.S. will be ahead of many large shopping centers or the end of business, may reduce the retailer's sales by about 20 billion U.S. dollars.
Some analysts said the slow recovery of the U.S. labor market, in bad weather, the United States by the end of shopping season continued strong performance can not be sure whether the recent strong recovery appears difficult to sustain the momentum of fear. At the same time, many countries this year, unusually cold winter, so that tourism, transportation, retail and other industries are subject to various extents, may impede the pace of global economic recovery.
In addition, Blizzard cold weather countries have shown increased fuel demand, support the formation of coal prices, tight supply of coal exporting countries to promote the international coal prices rose, but also led the international crude oil prices rose. According to foreign media's latest survey, as the market expected the U.S. Energy Department report will show crude oil inventories fell this week, oil prices hit a new high. Iran's OPEC affairs director Katy more than expected, can not hold an emergency meeting of OPEC, demand and the weak dollar and other factors will push oil prices hit 100 dollars a barrel level.
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