And Consumer Confidence has been affected. So that average spending for a trip is been decreased compared to 2023. We are also seeing a lot of bookings for high speed trains, so many travellers opt for cheaper Regional Travel rather than flying. But we have seen the overall type of trips that people are booking a more diversified, so this isjust one part of the picture. Were seeing growing interest in high and brilliant travel inside and outside of china, a big rise in nature and coated travel, such as session one, debate, and The Mole dies, so more people are wanting to connect with nature and explore culture. Wanting to connect with nature and explore culture. Sichuan and explore culture. Sichuan and the maldives. And explore culture. Sichuan and the maldives. Does and explore culture. Sichuan and the maldives. Does that and the maldives. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people are willing to spend more . ~ ,. ,. , on peop
Growth growth has been slower in 2024, and the Consumer Confidence has been affected so that average spending per trip has been decreased compared to 2023. So we are also seeing a lot of bookings for high speed trains, so so many travellers opt for cheaper Regional Travel rather than flying. But actually we have seen the overall type of trips that people are booking a more diversified, so this isjust one part of the picture. Were seeing growing interest in high End Premium Travel inside and outside of china, a big rise in nature and coated travel, such as sichuan, hunan, tibet and the maldives, so more people are wanting to connect with nature and explore culture. Does that mean some of the Stimulus Measures we are seeing is impacting or having an impact on people who are willing to spend more . The Stimulus Measures may help in the short term, but actually we are seeing long Term Recovery for the Tourism Sector will depend on the broader economic factors. Especially the recovery of Co
Foundation. This is a little more than an hour. Mr. Clinton thank yall for joining us for the second edition of building an inclusive recovery. I hope wherever you are tuning in from, you are staying healthy and safe. I would like to begin by expressing my gratitude to our sponsors for this session. I want to thank those who have made action. I hope all of you will think about specific ways you and your organizations can make a difference or partner with others to increase your impact. Our topic today, the housing crisis, has plagued america long before covid19. Now, it is even more urgent. Especially in dense urban areas. Without enough Affordable Housing, they face new challenges from Economic Impacts of the pandemics. Home ownership has long been recognized as one of the most effective and Proven Solutions to Building Wealth and Financial Stability in america. Even before the pandemic, homeownership rates for black americans were at an alltime low. Latino homeownership is the Fastes
Discusses Affordable Housing and the wealth gap. Clinton thank yall for joining us for the second edition of building an inclusive recovery. I hope wherever you are tuning in from, you are staying healthy and safe. I would like to begin by expressing my gratitude to our sponsors for this session. Those who have made action. I hope all of you will think about specific ways you and your organizations can make a difference or partner with others to increase your impact. Our topic today, the housing crisis, has plagued america long before covid19. Now, it is even more urgent. Especially in dense urban areas. They face new challenges. Home ownership has long been recognized as one of the most effective and Proven Solutions to Building Wealth and Financial Stability in america. ,ven before the pandemic homeownership rates for black americans were at an alltime low. Latino homeownership is the Fastest Growing of any group in the nation. But it still lags behind white ownership by more than 24
The headline number, 57. 5, down from 59. 3. This is a very elevated number by historical standards still, but there are signs of some weakness creeping into those figures. It was unlikely they would remain as high as they did. The survey number was 58. We come through with a headline number of 57. 5. Prices paid a little light as well. The employment number has dropped quite significantly. This may be something you want to Pay Attention to. Remember, we are waiting for the payrolls number friday. 48. 4 is where we are coming through their. Construction spending month on month, 1. 3 . Lets break it all down. Lets get some details. Mike mckee come over to you. Michael you gave us most of the details there that matter, especially that employment number. That has been concerning people in the markets. We have seen a slowdown in the economy reflected in the topdown numbers, although manufacturing has been the source of strength in most economies around the world since the depth of the covi