Reading the tabloids of New York City gives one the feeling that a great mass exodus of people are leaving the city for good in search of greener, more-spacious pastures. While the data on just how many people are leaving the Big Apple is still inconcl…
Over the past 20 years, e-commerce has steadily risen in size and reach. According to Statista’s Digital Market Outlook, more than 250 million Americans will make an online purchase this year, but how big is e-commerce really in the grand scheme of thi…
Coming on the heels of the first contraction after 23 consecutive quarters of growth, the U.S. economy suffered its steepest decline on record in the second quarter of 2020. According to the second estimate published by the Bureau of Economic Analysis …
U.S. Vice President Mike Pence spoke on the third night of the Republican National Convention, praising the Trump administration’s economic prowess. He urged voters ask themselves “who do you trust to rebuild this economy? A career politician who presi…
As American students get ready to return to university or start out at third level for the first time, preparations are anything but standard amid the coronavirus pandemic. The New York Times conducted a survey in an attempt to gauge the number of conf…
Hurricanes can cause a staggering amount of human losses as well as economic hardship for those affected. Total monetary losses habitually exceed insured losses in the case of hurricanes, as our graphic with data from Munich Re shows.Of the estimated U…
Delta has announced that it plans to furlough nearly 2,000 of its pilots unless the CARES Act is extended. That provided the industry with $25 billion in payroll assistance since March in exchange for a halt to employee layoffs, involuntary furloughs o…
Earlier this year, the UN’s World Tourism Organization published estimates on how big the impact of the coronavirus pandemic on international tourist arrivals could be. The most positive of the three scenarios published in May assumed that travel restr…
UN Secretary-General Antonio Guterres released a new report today that draws on UNWTO data to quantify the devastating impact that the coronavirus pandemic has had on global tourism. It warns that up to 120 million tourism jobs are at risk, with the ec…
