Omicron Starts to Slow U.S. Economy

“Signs are mounting that the U.S. economy is losing some steam as the Omicron variant of the Covid-19 virus spreads rapidly through parts of the country,” the Wall Street Journal reports.

“The number of diners seated at restaurants nationwide was down 15% in the week ended Dec. 22 from the same period in 2019, a steeper decline than in late November… U.S. hotel occupancy was at 53.8% for the week ended Dec. 18, slightly below the previous week’s level.”