Monday, July 16, 2012

WOW! that was fast

UHERO's response:

Jo Kim

Thanks for your feedback.  Our newsletter is only intended to highlight the various reports and blog postings at UHERO over the past few weeks.  So all it does is list the various products with no additional analysis.  So yes, you will have to form your own opinion of how the US economy can be experiencing sluggish growth while tourism is booming.  Or,  catch our full forecast report when it comes out in a few weeks.  Rather than assume that someone is cooking the numbers,  I would point out that a very large portion of the tourism boom is coming from outside the US and from new markets that are opening up due to new flights by Hawaiian an other airlines to Seoul, Australia, China, etc.  The Japanese and other Asia visitor numbers have surpassed their pre great-recession peaks while the US visitor market is still climbing out of its deep hole. 

Carl




On Jul 15, 2012, at 11:07 PM, Jo Kim wrote:


but the article right above yours says:  another weak employment report - still waiting on the fed. so can i truly really believe the report from the tourism authority saying tourism is up?  do they really think we can believe that?  i mean it doesn't take an economic genius to figure out that you need money to be a tourist.

we're not THAT gullible.

if your really want us to give this report any credence at all you better tie the two stories together, or we'll do it ourselves and come out with some pretty damning conclusions (you know the one about the right hand and left hand, etc.)

i'm disappointed in the newsletter, you've got to do better than this.

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