US economy risks losing billions as travel demand weakens, analysts warn

Magats_Love_NHB said:


  • Domestic spending also declines amid recession worries
  • Airlines retract forecasts due to trade war uncertainties
  • Foreign travel spending reduction could hit US GDP by up to 0.3%, analysts say
May 2 (Reuters) - Weakening travel demand, signaled by grim earnings forecasts of travel-related companies, may erase billions of dollars from the U.S. economy this year as the Trump administration's trade policy takes a toll on consumer sentiment, analysts have warned.
"Anti-American sentiment could be driving a decline in international tourism, which is considered a service export," J.P.Morgan said in a note last week.
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Ironically travel and hospitality are a large segment of the #FatFascistFelon's business. Talk about shooting yourself in the foot.
 
Althea said:
Much of it is due to the ICE harassment at airports when any non white person comes home, or arrives from elsewhere.
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We have a friend who lives in Salt Lake City. Yesterday he posted on social media that three (unrelated to each other) non-white friends of his have been stopped while driving, questioned, and told that they need to get passports and carry them at all times.

WTF. What's next, making them wear a symbol to show what ethnic group they belong to? Wasn't that done about 90 years ago, in Germany?
 
Magats_Love_NHB said:


  • Domestic spending also declines amid recession worries
  • Airlines retract forecasts due to trade war uncertainties
  • Foreign travel spending reduction could hit US GDP by up to 0.3%, analysts say
May 2 (Reuters) - Weakening travel demand, signaled by grim earnings forecasts of travel-related companies, may erase billions of dollars from the U.S. economy this year as the Trump administration's trade policy takes a toll on consumer sentiment, analysts have warned.
"Anti-American sentiment could be driving a decline in international tourism, which is considered a service export," J.P.Morgan said in a note last week.
Click to expand...
the big tourism cities are all shit from dem / soros mismanagemnt.

San Francisco just had to close down Fishermans' Wharf.

NO Thinking people would walk the streets in manhattan either.

:truestory:

sorry to crash your retard party with intelligence.

no im not.
 
ThatOwlWoman said:
We have a friend who lives in Salt Lake City. Yesterday he posted on social media that three (unrelated to each other) non-white friends of his have been stopped while driving, questioned, and told that they need to get passports and carry them at all times.

WTF. What's next, making them wear a symbol to show what ethnic group they belong to? Wasn't that done about 90 years ago, in Germany?
Click to expand...
I have a good friend who's husband died last year .
She has a house in Mississauga Canada and one in ClearWater FLA. she is worried about going to FLA now the way things are going and thinking of selling her 7 million dollar home there, I told he she should keep it a little longer till all Trumps BS is over because right now she would be lucky to get half of what it is worth.
And she just went back to Canada about a month ago and she has Canadian license plates on her car and was stopped going from FLA to Canada in almost every state and some several times in several states, she said she was lucky she had her passport.
 
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