Northeast Blizzard Dumps 7 Inches Of Snow On New York, With More To Come Overnight

Forbes Business

by Siladitya Ray, Forbes Staff

February 23, 2026

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A powerful Northeast blizzard has brought significant snowfall to New York, with reports of 7 inches already dumped in parts of the state. The National Weather Service’s New York Office reported snow falling at a rate of two inches per hour, with even heavier snowfall expected overnight. This storm is causing widespread disruptions, particularly for transportation and local businesses, as it continues to impact daily life across the region. The heavy snowfall has led to delays in public transit systems, including buses and trains, leaving many commuters stranded or forced to find alternative arrangements. Bridges and roads have become treacherously slippery, leading to numerous traffic accidents and slow-moving commutes. For businesses, especially those in the financial district and downtown areas, this means potential losses due to worker absences, delayed shipments, and operational disruptions. The economic impact of such severe weather is significant for business and finance sectors. Companies may face lost productivity as employees struggle to navigate the snowy conditions, while supply chains could be further strained by transportation delays. Additionally, retail businesses in Manhattan and other affected areas are likely to see reduced foot traffic, impacting sales during a critical holiday season. The National Weather Service has warned that snowfall rates could increase overnight, with additional accumulations expected through early morning hours. This prolonged winter storm is not only testing the resilience of New York’s infrastructure but also highlighting the need for businesses to adapt to such extreme weather events. As the storm continues, its economic implications will become more apparent, underscoring the importance of preparedness

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Originally published on Forbes Business on 2/23/2026