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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Trump Slump": Immigration Debacle May Cost US Tourism Industry $3 Billion
MotherjonesIts known as the Trump Slump. And I know of no reputable travel publication to deny it.
Thus, the prestigious Travel Weekly magazine (as close to an official travel publication as they come) has set the decline in foreign tourism at 6.8%....On the web, flight searches for trips heading to the U.S. out of all international locations was recently down by 17%....According to the Global Business Travel Association, in only a single week following announcement of the ban against certain foreign tourists, the activity of business travel declined by nearly $185 million.
International tourism contributes about $100 billion to the US economy each year. If that declines 6.8 percent, that's $6.8 billion. If you figure the Trump Slump is a temporary thing, maybe it's more like $3 billion or so.
In other words, not earth shaking on a national level. Still, if Trump's immigration policies are going to cost us $3 billion, he'd better figure out how he's planning to make that up. A few hundred jobs at a Carrier plant aren't going to come close.
neeksgeek
(1,215 posts)But individual businesses that depend on tourism may take a severe beating. A loss of gross revenue in the 5-10% range could easily force some businesses to close their doors, if their margins are already tight.
mopinko
(71,909 posts)a friend flew into o'hare this am, and said it was a ghost town.
tourism is a vital part of chicago's economy. no doubt he will love that.
neeksgeek
(1,215 posts)I'm not sure what the Reichwingers think they're really going to accomplish, other then causing a lot of people a lot of pain and misery. But then, pain is apparently something they enjoy inflicting on others. They're sadists.
Karma, baby.
Initech
(102,241 posts)And there's no government or globalization to get in the way of a religious totalitarian fascist state. No pesky liberals or fact checking to stop them from unleashing untold horrors on both America and the world. Just perpetual, never ending war all the time.
workinclasszero
(28,270 posts)neeksgeek
(1,215 posts)Initech
(102,241 posts)No room for anyone to advance their rights or causes, that's too PC! What they love is American symbolism. They love mindless slogans, flags and all that crap. But ask them if they can name one SCOTUS justice or anything about that constitution they claim we should take literally? They'll tell you to go fuck yourself.
The Velveteen Ocelot
(121,211 posts)and it will probably get worse. I had some airline stock which I sold in December, figuring people would be less likely to want to visit here and that eventually, under Trump, the US would become something of an international pariah. Looks like that's starting to happen. In fact, maybe the whole immigration problem will be solved because Trump's economic policies are so bad that this country will become a destitute third-world hellhole that nobody will want to immigrate to.
dalton99a
(84,623 posts)luvMIdog
(2,533 posts)TheDebbieDee
(11,119 posts)Donald Trump is trying to make America a place that NO ONE wants to come to! (paraphrasing)
dalton99a
(84,623 posts)tblue37
(66,035 posts)Wellstone ruled
(34,661 posts)north of 138 billion business. Last week someone who monitors on-line bookings,posted a note to the fact that they were down from 6-17% as of Wednesday.
Trump and his merry band of idiot thieves,will with out a doubt,drive this number closer to 50% shortly. Tourist vote with their feet,and if they are uneasy with conditions on the ground,they go else where.
smirkymonkey
(63,221 posts)There is a lag, I am sure. People who have had trips planned are probably still coming. People who will be planning future trips? I wouldn't count on so many.
workinclasszero
(28,270 posts)Just like W, here it comes.
malaise
(278,428 posts)Take a position folks
greymattermom
(5,795 posts)and support national park towns. This will hurt places like Moab, Utah.
Doitnow
(1,103 posts)in Alabama whose crop is rotting in the field because his labor pool is in hiding from ICE. Multiply that by all the rest of the farmers and employers who hire essential help. First you have to EAT. When the cost of food goes up, there's less for everything else. Which leads to less buying in the rest of the economy, and subsequently fewer jobs servicing them. ReThugs can't see further than their noses. I swear, half their brains were left out at birth.
Mr. Ected
(9,688 posts)Will help to iron out that shortage. Maybe offer foreigners one-way trips to Kentucky with a return flight by pterodactyl.