Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« FFT4 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

U.S. Economy Set To Lose Billions As Foreign Tourists Stay Away

By: clo2 in FFT4 | Recommend this post (0)
Wed, 16 Apr 25 1:25 AM | 6 view(s)
Boardmark this board | FFT4 		Msg. 15733 of 15903
Jump:
Jump to board:
Jump to msg. #

U.S. Economy Set To Lose Billions As Foreign Tourists Stay Away
April 15, 2025 • Augusta Saraiva

The US economy is set to lose billions of dollars in revenue in 2025 from a pullback in foreign tourism and boycotts of American products, adding to a growing list of headwinds keeping recession risk elevated.

Arrivals of non-citizens to the US by plane dropped almost 10% in March from a year earlier, according to data published Monday by the International Trade Administration. Goldman Sachs Group Inc. estimates in a worst-case scenario, the hit this year from reduced travel and boycotts could total 0.3% of gross domestic product, which would amount to almost $90 billion.

more:
http://www.fa-mag.com/news/u-s--economy-set-to-lose-billions-as-foreign-tourists-stay-away-82106.html


Do something positive.

» You can also:
« FFT4 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next