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It can be difficult to get a sense of a snowstorm's severity when listening to the local weather reporter. (Photo: Bloomberg)

Much of the Northeast experienced the first significant storm of the winter from Jan. 3–5, with many locations in and around Boston seeing more than 12 inches of snow and heavy flooding.

We can take a few inches in stride, but a major Northeast snowstorm, or worse — a series of them as we had in 2015 — can have serious economic impacts.

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