Las Vegas faces an 11% plunge in tourism this year, highlighting a sharp downturn for the US travel industry. The decline signals growing economic challenges as the city struggles to recover from pandemic impacts.
Las Vegas faces an 11% plunge in tourism this year, highlighting a sharp downturn for the US travel industry. The decline signals growing economic challenges as the city struggles to recover from pandemic impacts.
Las Vegas shows strong consumer spending in entertainment amid rising rates, signaling confidence in the economy. This supports the Federal Reserve’s “soft landing” narrative, suggesting inflation can be tamed without a recession.