Mmastodon BusinessEconomy first seen 9 h ago, last 5 h ago, peak #1
Recession confusion as airports, concerts and restaurants stay packed
Original: CAN SOMEONE EXPLAIN THIS TO ME LIKE I'M 5 YEARS OLD We in a recession but airports are full. We in a recession but the c
People are questioning whether the economy is really in recession, pointing out that airports are full, concert tickets sell out instantly, iPhone pre-orders hit record highs and restaurants are booked solid. The contrast between claims of economic downturn and visibly strong consumer spending on travel and entertainment is confusing many, who are asking for a simple explanation of how both can be true at once.
Why now: Ongoing debate over whether the economy is actually in recession despite strong consumer spending on travel, events and gadgets.
Apple iPhoneairline industrylive music industryrestaurant industry
Rank over time, top of the chart is #1. 8 snapshots from 9 h ago to 5 h ago.
Evidence
- CAN SOMEONE EXPLAIN THIS TO ME LIKE I'M 5 YEARS OLD We in a recession but airports are full. We in a recession but the concert tickets sold out. We in a recession but iPhone pre-orders are at all time high. We in a recession but the restaurants all booked up. We in a recession… · phoenixx@infosec.exchange · 9
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