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The Tourism Rebound

relates to The Tourism Rebound
Photographer: Mia Shimabuku

Hello. Today we look at consumers’ renewed appetite for holidays, the cost of living in Tokyo, and how the pandemic impacted spending by U.S. households of different income levels.

Federal Reserve Chair Jerome Powell said this week that nothing indicates the U.S. economy is “close to or vulnerable to a recession” just now. That assessment is certainly borne up by strong signs of a long-awaited rebound in tourism.