Cruise Tourism Market Size to Grow by USD 4.24 billion | Strong Global Economic Recovery and Increasing HNWIs to Boost Market Growth

NEW YORK, July 5, 2022 /PRNewswire/ — Cruise tourism is a popular type of tourism that involves the exploration of new places, coupled with luxury and entertainment. Cruise lines offer various activities such as sports, shopping, water games, video games, and numerous other leisure activities. Technavio has announced its latest market research report titled Cruise

Anchorage mayor announces new committee to foster economic recovery

Mike Robbins serves as chair of the Anchorage Economic Revitalization and Diversification Committee. (Wesley Early/Alaska Public Media) Anchorage Mayor Dave Bronson announced a new committee Wednesday to help guide economic recovery in the city. Anchorage’s economy has been in recession since around 2016, coinciding with the drop in the price of oil. The city was just

Biden touts latest unemployment numbers as ‘evidence of a durable economic recovery’

President Joe Biden cited Thursday’s unemployment numbers as a signal his administration is shepherding a “durable economic recovery” following the coronavirus pandemic. The Department of Labor announced earlier that day that the number of people filing new unemployment claims fell to 310,000, the lowest mark since the beginning of the pandemic. Claims spiked in late

August jobs report reveals ‘major speed bump’ for economic recovery

Wall Street strategists mostly agree that the worse-than-expected August jobs report wasn’t just a mild setback for the COVID-19 economic recovery, it was a major setback that warrants closer attention by investors. “A major speed bump,” is how Bank of America economists summed up the report in a flash note to clients on Friday. “There

Detroit making strong pandemic recovery, UM economic forecasters say

Fewer Detroiters are jobless following last year’s pandemic-induced downturn, but low wages remain an obstacle for workers, according to a University of Michigan forecast released Monday.  Unemployment in the city is returning to pre-pandemic levels and it’s expected to decrease even further in the coming years as a bundle of blue-collar jobs come online. But wages remain a challenge.

Delta blow knocks wind out of Asia’s economic recovery

General view inside the Pondok Indah shopping mall as the Indonesian capital reopens its shopping malls with a new policy requiring shoppers to show a coronavirus disease (COVID-19) vaccination certificate, in Jakarta, Indonesia, August 13, 2021. REUTERS/Ajeng Dinar Ulfiana Delta variant, slow vaccination catch much of region off-guard Asia q/q profit likely 1st fall in

The soaring market that threatens to derail the economic recovery

Officials at the Fed and in President Joe Biden’s administration say they expect the supply-chain bottlenecks that have stoked inflation to begin to ease later this year as the economy fully reopens. But housing-driven inflation could also start to rise as higher rents slowly cycle into the official tracking of price increases, a process that