The US consumer is not slowing down. Visits to the Statue of Liberty continue at 2023 levels. Consumer spending remains healthy with air travel strong, hotel spending robust, and Broadway show attendance solid. Retail sales for September were strong at 1.7% year-over-year, and continue to be supported by strength in weekly same-store retail sales data. The US consumer continues to do well, driven by solid job growth, strong wage growth, and high stock prices and home prices.
See our chart book with daily and weekly indicators for the US economy.
Source: irma.nps.gov, Apollo Chief EconomistSource: TSA, Bloomberg, Apollo Chief EconomistSource: STR, Haver Analytics, Apollo Chief EconomistSource: Internet Broadway Database, Apollo Chief Economist
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