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Analysts: Trump's scale reduction, potential impact on tourism, triggering economic chain reaction
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12 hours ago 9,931
Golden Finance reported that Melius Research analysts pointed out in a report that the Trump administration's push to reduce the size of the administration may have a negative impact on the tourism industry and the broader U.S. economy. United Airlines recently said its government business has weakened since the November U.S. presidential election. However, analysts also pointed out that airlines rely on government operations, which account for less than 2% of United's revenue, while Delta's about 1%. “The question is whether weak government operations will affect other parts of the economy,” analysts wrote. "It's hard to judge at the moment, but there are obviously growing concerns about how this impact will be controlled."
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