Minnesota State Fair Sets New Attendance Record
Submitted by CARPE DIEM
WSJ/WASHINGTON — The U.S. economy continued to stabilize in July and August, but soft consumer spending amid a weak job market suggested that recovery will remain subdued. Consumer spending drives much of the economy. People are afraid to spend much because they have lost or are afraid of losing their jobs.
We keep hearing reports like the one above about “soft consumer spending.” But then how do we explain this:
StarTribune – Minnesota State Fair officials reported Tuesday that attendance hit an all-time record by the time the gates closed Monday night (September 7). A total of 1,790,497 people made their way to the fairgrounds during the 12-day run (see photo above). That exceeded the old record, set in 2001, by 27,521. Those bumper crowds spent $25.2 million on food and drink (not including beer) during the fair’s run, $1.1 million more than last year.
