Federal Reserve reports 'mixed' U.S. tourism activity

The U.S. Federal Reserve's "beige book," a periodic report on business conditions across the nation released Wednesday, characterized tourism activity as "mixed."

As has been the case for much of the year, the Federal Reserve's assessment of tourism was more positive than for many sectors of the economy.

Referring to U.S. regions by the names of Federal Reserve district offices, the beige book said that "tourist activity was mixed across districts. Contacts in the Philadelphia and Chicago districts reported weakness, and San Francisco said travel to Hawaii declined noticeably.

"Atlanta also noted increased hotel cancellations and shorter trip durations, although convention business remained strong. By contrast, tourist activity to mountain areas of Richmond (Va.), Minneapolis and Kansas City districts was characterized as stronger, which some contacts attributed in part to more residents vacationing close to home due to high gasoline prices."

The report noted "strong tourism activity in New York City, including for Broadway shows and Manhattan hotels."

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