Bad news for Vegas workers and their families. According to workers, hotels are empty, prices are being slashed, tourism is down drastically as Americans cling to their money, confused and unsure about Trump’s unhinged economic policies, or if they will even have a job next year.
Per FN: “The latest statistics from the Las Vegas Convention and Visitors Authority (LVCVA) show that only 3.1 million people visited in June, which is down 11.3% compared to last year.
The hotel industry is feeling the burn of fewer visitors, with occupancy dropping 6.5% while average daily room rates have lowered to $163.64 – down 6.6%, according to the LVCVA.”
Sadly this is just the beginning. Trump’s economic missteps are going to continue to wreak havoc across the entire consumer landscape. Set your financial house in order because the good times are no longer rolling.