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Lockhart: An Economic Narrative
The Federal Reserve Bank of Atlanta has a travel and tourism advisory council involving executives from tourism bureaus, the hospitality industry, and theme park operators. Tourism is an important industry across the Southeast, especially in Florida, as you might expect. I met with our advisory council on September 30. I learned that the tourism sector is strong. I also learned that there are experiments under way to marry actual roller coaster rides with virtual reality, sometimes called augmented reality. The idea is the rider will strap on a headset that will add to and vary the ordinary thrills of the ride. Two ... (full story)