July 2025 Jobs Report not looking good

Domestic travel to Vegas is slightly down. But international trips have fallen 6.5% since March. That effects everything in Vegas, which relies on tourist dollars

 

Crazy stat I read, but Canadian tourism is more important to their economy than manufacturing. here’s a deep dive into some of the drops there,
https://www.8newsnow.com/news/local...s-deepen-as-visitor-count-drops-11-3-in-june/

 

I'm in Orlando right now. Back to Vegas in a few months

 

“The Dow Jones Industrial Average fell 242 points, or 0.6%. The S&P 500 also dropped 0.6%, while Nasdaq Compositeslid 0.7%.

The indexes took a leg lower after the ISM Services index flatlined in July and indicated higher inflation and lower employment. Services makes up about 70% of the U.S. economy, so a slowdown in the sector could mean trouble ahead.”

again, one data point, but the data points are starting to add up.

Stocks fall after weak economic data and more tariff threats, Dow loses 200 points: Live updates

 

I'm pretty sure we can correct this when we appoint Matt Gaetz to head the Bureau of Labor Statistics.