Storm Will Cost Millions To The Economy - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Storm Will Cost Millions To The Economy

Updated:
The ice storm's impact will be hundreds of millions of dollars. There are cleanup costs, damage to homes and utilities. News On 6 anchor Craig Day reports the storm and power outages are also having a big impact on businesses, especially those that lost a week of Christmas sales.

The Southern Hospitality store on South Main in Broken Arrow was one of thousands of businesses that lost power right in the middle of the Christmas shopping season.

"We were down that Monday through Saturday,” said Southern Hospitality owner April Seidel.

The outage wiped out a full week of Christmas sales at the shop which sells antiques and creative handmade designs. Owner April Siedel says with so few days left before Christmas, there isn't enough time to make up the 20% in December losses.

"It's really too late to make. It's really too late to create and to pull those customers in. So we've just settled in now,” said Southern Hospitality owner April Seidel.

The Palate at Ranch Acres near 31st and Harvard is another business that lost power. Five days without electricity meant no lunch crowd. Owner Jay Cline says thankfully, most holiday catering jobs lost during the week are being rescheduled.

"It ebbs and flows. The storm hit, it surely did. I think we'll persevere through this and spring will be here before we know it,” said Jay Cline, owner of The Palate.

The Tulsa Area Chamber of Commerce says it may be spring before we know the full economic effect of the ice storm. But, there's no doubt it will be costly to businesses and to the city. The City of Tulsa gets the bulk of its revenues from utilities and sales tax.

"I can tell you that last winter's ice storm, which was not nearly what we've experienced the last nine, cost the city $2.5 million. We expect, and the state predicts. the cost will be three times that," said Tulsa Mayor Kathy Taylor.

Large shopping malls and any stores that had electricity, or generator power seemed to fare well during the emergency. Many of their sales are way up because they were the only places open and crowds were much larger because many people were looking for a warm place to visit.

Watch the video: Ice Taking A Toll On Some Businesses
  • NewsMore>>

  • FBI Works To Stop Fake Kidnapping Calls

    FBI Works To Stop Fake Kidnapping Calls

    The FBI is launching a new campaign to fight the growing problem of fake kidnapping calls. That's when criminals lie about taking a loved one and then demand money. The scam has been reported in Green Country. Investigators say a lot of the calls come from criminals in Mexican prisons. They say prisoners use smuggled cell phones to random-dial numbers in the U.S. and make their threats, then prisoners' friends or family pick up the cash sent by victims to money transfer ...More >>
    The FBI is launching a new campaign to fight the growing problem of fake kidnapping calls. That's when criminals lie about taking a loved one and then demand money. The scam has been reported in Green Country. Investigators say a lot of the calls come from criminals in Mexican prisons. They say prisoners use smuggled cell phones to random-dial numbers in the U.S. and make their threats, then prisoners' friends or family pick up the cash sent by victims to money transfer ...More >>
  • Sex Ed Lesson Upsets Green Country Parents

    Sex Ed Lesson Upsets Green Country Parents

    A graphic sex education lesson has some Green Country parents upset after they said the lesson told their 12-year-old children different ways to have sex.

    More >>

    A graphic sex education lesson has some Green Country parents upset after they said the lesson told their 12-year-old children different ways to have sex.

    More >>
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.