Vacation stats show an improving economy

Revenue at Disney’s theme parks rose 8% in the second quarter

(CNN) – If you want to get a read on the economy, look no further than your next vacation.

Going on vacation this summer? It’s a good sign for the health of the u-s economy. Visits to Disney world and Las Vegas are up, and people are eating and drinking more and buying more souvenirs at the resorts.

Revenue at Disney’s theme parks rose 8% in the second quarter. And Disney says increased guest spending and higher attendance drove that jump. That’s despite a recent hike in Disney World prices. A day pass now costs $96 for anyone over the age of 10.

Same story in Vegas. MGM, which owns Bellagio, MGM Grand, and Mandalay Bay, saw its quarterly earnings surge. A year ago, the company was struggling. Now its hotels are almost full. Casino revenue at MGM’s U.S. resorts is up 6% from a year ago.

Rival gaming giant, Wynn, says its U.S. revenues are up 12.5% from a year ago. Wynn says booking are actually up this summer, when usually there’s been a summer slump.

All of this is a positive sign for the U.S. economy; when America’s popular playgrounds are doing well, it suggests the middle class is feeling better.

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