Slowdown Watch

Our chartbook with daily and weekly indicators for the US economy is available here, and the bottom line is that there are basically no signs of the economy slowing down. The chart of the week is the weekly hotel data, and it shows that RevPAR and the occupancy rate continue to move higher, see chart below.

 

Chart showing key hotel metrics such as occupancy, average daily rates and revenue per available room remain strong
Source: STR, Haver Analytics, Apollo Chief Economist