Blizzard of 2016 ranks 4th among worst winter storms of past 100 years

Millions of Americans were digging out after the Blizzard of 2016 blanketed 434,000 square miles of the mid-Atlantic and parts of the Northeast with several feet of snow. The storm, which disrupted the lives of 103 million people, ranks as the fourth worst winter storm to impact the Northeast.

Source:AccuWeather.com, January 31, 2016

Explain the effect of the Blizzard of 2016 on the economy of the mid-Atlantic and Northeast states. How did it impact the production function, the labor market, and potential GDP?