When Superstorm Sandy slammed into the East Coast on Monday, the fragile U.S. economy was just sitting there, stuck in a sluggish-growth mode.
Now, as the massive cleanup begins, business owners, workers and investors are wondering what impact the megastorm ultimately will have on their wallets. Did Sandy weigh down economic activity enough to drown the recovery? Or will the rebuilding efforts boost growth over the longer term?
The storm that has spawned so many worst-ever superlatives managed a few more when it comes to electricity, with record-breaking power outages across 18 states stretching from Michigan and Indiana to Maine and North Carolina, according to a Department of Energy assessment.
When the HMS Bounty set sail in 1787, Captain William Bligh had only his instincts to safely complete a journey from England to the South Pacific island of Tahiti. Last week, Robin Walbridge, captain of a replica of Bligh's ship of mutiny fame, had every modern weather-forecasting resource to plan a voyage from New London, Conn., to St. Petersburg, Fla.