The weak dollar? Is it foreign tourism? I’d bet.
Most likely the weak dollar. I’ve been following the Australian dollar and it’s currently worth $1.05 US. When I was there it was $1US was worth $2 Aus dollar. No one was coming to the US because it cost them double. Now the opposite is true.
“The weak dollar? Is it foreign tourism? Id bet.”
NYC still has it’s mystique to foreign tourists.
That mystique usually dissipates somewhat after they are relieved of a couple thousand dollars and they only have a T-shirt to show for it.
It generates cash for some business, but those on the front-lines of the tourist industry don’t make nearly enough to live in NYC without some other source of income.