Weatherhead's Jonathan Ernest weighs in on the drop in international tourism in the U.S.

CWRU economist: Sharp drop in overseas tourism could cost U.S. up to $20B

Bloomberg Radio: Jonathan Ernest, assistant professor of economics at Weatherhead School of Management, noted that international tourism to the U.S. has fallen sharply in 2025, warning that the decline could cost the economy $10–20 billion. He said Las Vegas—counting on World Cup-driven growth—is feeling the pain most. Ernest noted the drop is “very painful,” though U.S. travelers may find more bargains.