by Bill McBride on 2/16/2015 10:37:00 AM
Monday, February 16, 2015
Parts of the east coast are suffering with record snow fall, but in California, the drought continues ... last week in SoCal was like summer with temperature in the 80s!
This is the fourth year in a row with little rain or snow in the mountains (the statewide snowpack is about 27% of normal for this date). California is the largest agricultural state, and an ongoing drought could have an impact on food prices - and on the economy.
This graphic shows the National Weather Service 7 day precipitation forecast for the U.S.
California will be dry for at least another week - and the East Coast is getting too much precipitation.