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David s

Government Says Cuts Could Cause Air Travel Delays - 0 views

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    This article highlights cuts in government spending in the US, specifically on airports and airlines. We know that government spending is a major component of aggregate demand. If government spending goes down, it is likely we will see a shift left in the aggregate demand. This is the result of about 10% fewer workers at any given time in the air transportation industry around the country. The article specifically highlights that this includes air traffic controllers as the decrease in them most affects consumers.
Andreas k

Federal Spending Cuts Threaten Delays in Air Travel - 0 views

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    WASHINGTON - Airlines and airports across the country are preparing for across-the-board federal budget cuts due to hit next week as if they were a hurricane, although with even less certainty about how many flights they will have to cancel and how many passengers will be stranded.
David s

Business Cycle in Indicator Points Towards Slow Growth Revival in Indian Economy - 1 views

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    This article highlights how certain macroeconomic indicators in India are suggesting that the Indian Economy may be recovering from a "valley" in India's Business Cycle. Aggregate Demand is increasing due to the increase in consumption (the article specifies tourism and domestic air travel). Furthermore, "foreign trade related indicators" have increased hinting at an increase in the aggregate supply of India as well.
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