![]() ![]() ![]() The research concluded that these weather events led to a “significant decrease” in tourist visits.Įl Niño conditions also tend to amplify hurricane-like storms in the Pacific Ocean, according to Dupigny-Giroux. For a 2021 study in the scientific journal Atmosphere, researchers analyzed the number of visits to 48 natural attractions in the United States to test willingness to travel during El Niño events. The travel and tourism sector may also feel the sting of El Niño. Obviously, for companies that sell coats, grills, outdoor furniture, sweaters, or shorts, the weather can be the difference between needing to buy that coat or not,” he added. “Not only must the retailers or brands forecast what consumers will want, they also need to predict what nature is going to throw at them. “Although no retailer ever wants to blame the weather because it comes off as an excuse, weather is absolutely critical for most retail, particularly apparel and seasonal goods,” he said. ![]() Simeon Siegel, an analyst analyst at BMO Capital Markets, said unexpected swings in weather can negatively impact the retail sector. Higher food prices are a common theme across El Niño events, according to a recent Deutsche Bank report. That can translate into higher prices for chocolate, for coffee and more. That could affect prices for foods Americans eat every day: Futures in sugar and cocoa are trading at multi-year highs on predictions of shortages, while robusta coffee futures are trading at all-time highs. The climate event’s impact will become more apparent in the US by late fall: Winters are generally warmer in the north of the United States and colder and rainier in the south during El Niño, Yu said.įood, tourism and retail industries may be affectedĬallahan said extreme weather associated with El Niño causes flooding, wildfires, hurricanes and other natural disasters. Major hydropower reservoirs in Vietnam are facing severe water shortages for the rest of the dry season due to El Niño, heat waves and drought, state utility Vietnam Electricity Group said. People fish along exposed banks, due to low water levels on Tri An Lake in Vinh Cuu, Dong Nai Province, Vietnam, on Tuesday, May. Jin-Yi Yu, a professor of atmospheric sciences at the University of California Irvine, said the climate pattern usually results in “abnormal” weather patterns, including droughts in typically rainy southeast Asia and Australia, and rainfall in the normally arid deserts of the Southwestern United States. And, because weather systems are complex, that can also suppress hurricane activity in the Atlantic, she noted.īut El Niño’s potentially dramatic impact stretches far beyond the Pacific Ocean. That can result in more typhoons and cyclones in the Pacific, said Lesley-Ann Dupigny-Giroux, a professor at the University of Vermont who studies climate variability and change. candidate at Dartmouth and lead author of the study, said.Įl Niño, part of a larger pattern called the El Niño-Southern Oscillation (ENSO), is a naturally occurring climate system marked by warmer-than-average sea surface temperatures in the Pacific Ocean near the equator, and it appears every 2-7 years, according to NOAA. “The effects of these events last a long time, and they are far more costly than we used to think,” Christopher Callahan, a Ph.D. candidate at Dartmouth and lead author on a study in the journal Science attributing $5.7 trillion in global income losses to the 1997-98 El Niño and $4.1 trillion in losses to the 1982-1983 El Niño.Ĭountries can feel the negative affects of these climate patterns years after they end, the study found. “There are these major negative economic growth consequences where there’s extreme weather,” said Christopher Callahan, a Ph.D. But that’s not the only effects expected: Combined with climate change, El Niño this year could dent US economic growth, potentially impacting everything from food prices to the winter clothing sales. The phenomenon generally has a wide-ranging impact on weather conditions for 9-12 months. Earlier this month, scientists at the US National Oceanic and Atmospheric Administration (NOAA) confirmed that the climate event known as El Niño has officially emerged for the first time in more than four years, and it’s expected to be strong this time around. ![]()
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