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During the post-Diwali period (November 13-18), domestic passenger traffic escalated by 7.37% compared to the pre-Diwali period (November 7-12), reaching a record 456,748.
Meanwhile transportation transportation secretary pete buttigieg braising the tsa for bouncing back from a tough stretch last week. we had a hard few days with severe weather at the beginning of the week, and that definitely put enormous pressure on the system. now the good news is on friday, we saw according to tsa a record number of airline passengers probably the most ever in america. we saw those cancelation rates stay low right now we re below 2%. but they really shot up at the first part of the week. largely because of severe weather hitting some of our key hubs. concerns about the new 5g wireless rollout displisessed no major disruptions reported so far. to airline traffic meantime as millions of travelers hit the roads if for the holiday weekend officials in new york are talking about what they call a pioneering solution to heavy traffic in the big apple. it is congestion pricing critics say it will only make the most expensive city in the nation even pricier for
There s been a lot of pushback on all these things. a lot of issues to be ironed out here. jon: the economy sexy doing pretty well right now. consumer spending is up. that is how the fed was hoping to see that is why they keep increasing interest rates to get us to spend less and cool the economy. is partly true. yes the economy has been treading water for the last few months and consumers are still spending, jon that s keeping i was just on my way over here to the studio is listening to a report that showed a huge increase in airline traffic and passengers this weekend. people are spending money. here is the problem if you look at the four indicators of where the economy is headed those do not look good at all. on almost all these leading indicators are showing a real slow down on the possible recession. i ll give you one example. the housing market that we have