Weekly data for the number of people going to Broadway shows remains remarkably resilient, see chart below.
No Signs of a Slowdown in the Number of People Going to Broadway Shows
US Air Travel Remains Strong
The daily data for the top 10 airports in the US shows some weakness among foreign arrivals, see the first chart below.
However, the weakness among foreign arrivals is offset by the continued strength in travel for US citizens, and the overall TSA data for the number of passengers traveling on airplanes originating in the US remains remarkably resilient, see the second chart below.
With the trade-weighted dollar down 10% since the beginning of the year, we expect to see an increase in foreign arrivals over the summer and a decline in US citizens traveling abroad.
