Report: Sandy’s fallout affecting small business

Published April 21, 2014 5:08pm ET



LONG BEACH, N.Y. (AP) — When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll released Monday on Superstorm Sandy’s effect on small businesses, he began nodding in agreement.

“They got those numbers right,” the Long Beach, N.Y., businessman said of the results that found a third of small businesses in tri-state Sandy disaster areas reported financial losses a year after the devastating storm struck.

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