JEC Minority Report: Declines in Canadian Tourism Hurting Border State Economies

The Democratic minority of the Congressional Joint Economic Committee has released a report outlining the economic impact on the border states of the drop in Canadian visitations this year. According to the report, the border states experienced y/y declines in Canadian tourism of 20% or more in 2025. Of course, since the report was written by the JEC minority, it has to be read in that context, but nevertheless, the declines in cross-border tourism this year are hard to ignore and the report is well worth a read. It will be interesting to see whether or not the 2025 declines were a one-off overreaction to political events, or if this reduced level of Canadian tourism carries into 2026.


Comments

Popular posts from this blog

Philly Fed State Coincident Indexes Solidly in the Green

This Week’s State Economic Releases

August State Employment Statistics Largely Unchanged