Sandy could contribute $240 Billion to economy

The clean up to superstorm Sandy could reach $240 billion. Experience from past storms shows the clean up, rebuilding, and fortifying these struck communities can go on for a long period. It is estimated these Sandy expenses will range between $140 and $240 billion. For perspective, it is
estimated by the Economic Outlook Group of Princeton that $50 billion in losses would add 0.5 percentage point to U.S. economic growth next year.