bars, hotels and restaurants say the era of post-pandemic splurging by US consumers has likely drawn to a close. That includes ?revenge travel? ? a phenomenon in which consumers spent big on dining out and travel to make up for lost time during pandemic-era shutdowns.
The prediction came as part of the regular ?Beige Book? economic snapshot from the Federal Reserve released Wednesday. Several of the Fed?s 12 regional districts reported peaking or even slowing tourism activity ? a sign that US consumer spending, which accounts for about two-thirds of US economic output, could be shifting in the coming months.
You mean Arizona won't be swamped with Canadians and other vacationers and cold weather babies? We get a batch of seasonal crosswalk beggars too. They're not stupid.
The prediction came as part of the regular ?Beige Book? economic snapshot from the Federal Reserve released Wednesday. Several of the Fed?s 12 regional districts reported peaking or even slowing tourism activity ? a sign that US consumer spending, which accounts for about two-thirds of US economic output, could be shifting in the coming months.
You mean Arizona won't be swamped with Canadians and other vacationers and cold weather babies? We get a batch of seasonal crosswalk beggars too. They're not stupid.

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