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To: Glenn D. Rudolph who wrote (135064)11/25/2001 3:45:36 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Hawaii is very representative with many parts of the country, only you do not see it in Erie. Tourism is extremely important to Sand Francisco, which consistently ranks as one of the top three tourist destinations in the world. Ditto for New York, Florida, Washington and many otehr places. L,A. should hold up well. San Francisco will be in the toilet -- watch for the numbers. Erie might not be a destination for international visitors, but do not miss the point here -- Hawaii is the canary in the coal mine for tourism in America, and tourism is the largest and fastest growing industry in the world.



To: Glenn D. Rudolph who wrote (135064)11/25/2001 8:39:31 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
Glenn, GST,

You guys see the early reports on the start of the Christmas selling season?

TeleCheck Services Inc., a check approval service, reported sales paid for by check at stores open at least a year rose 2.4 percent on Friday from last year. Checks account for about a third of retail spending and remain second to cash as the most popular method of payment. The increase was in line with its forecast for a 2 percent gain.
Atlanta Journal & Constitution, 11/25/01

Bob