Winter is costing U.S. at least $5 billion, analysts say

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With yet another winter storm marching across the U.S. Monday, this time coating large parts of the South in a thick glaze of ice, along with more frigid, record-breaking temperatures in New York and Boston, the epic winter of 2014-15 marches on

But it isn't just affecting our thermometers. Each day of cold and snow is adding more to a mounting national bill, according to experts who pegged the cost of the winter so far at between $1 and $5 billion

The season is likely on track to surpass the economic toll from last year's "polar vortex" cold snaps — especially since there have been more extreme storms this winter, and more long-lasting and severe cold than there was a year ago. Many cities, including Boston and New York, are on track to have their coldest February on record. Read more...

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