Top Stories
Top Stories
Market Insider

Winter weather freezing corporate profit growth

The unrelenting winter weather that has chilled the economy also will likely freeze some corporate profit growth.

So far, the stock market has looked past the weather impacts on manufacturing, housing, consumer spending and even hiring.

That's because while economists see an impact on first-quarter growth—now expected around 2 percent or lower—they also foresee a spring back when the weather improves.