JACKSON HOLE, Wyo.—For the central bankers gathered this week in the Grand Tetons, a meaty discussion of corporate consolidation and declining economic dynamism will take precedence over fly fishing and mountaineering. The Federal Reserve Bank of Kansas City’s annual economic retreat begins Thursday evening and runs through Saturday at its traditional venue, the Jackson Lake Lodge, selected decades ago for its appeal to former Fed Chairman Paul Volcker, a fly-fishing enthusiast.... … [Read more...] about Central Bankers’ Jackson Hole Gathering: a Cheat Sheet
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WEDNESDAY: The National Association of Realtors reports on existing home sales for July. … The Federal Reserve releases minutes from its July interest-rate meeting. THURSDAY: The Commerce Department reports new home sales data for July, FRIDAY: Federal Reserve Chairman Jerome Powell will headline this year’s central bank gathering in Jackson Hole, Wyoming, with a speech on monetary policy in a changing economy. Powell kicks off the Kansas City Fed’s annual policy symposium, two days of talks among prominent central bankers and economists at the Jackson Lake Lodge in Grand Teton National Park. … The Commerce Department releases durable goods data for July. SATURDAY: Future and Active Pilot Advisors (FAPA.aero) holds a Pilot Job Fair, attended by recruiters from regional airlines, from 9 a.m. to noon at the Seattle Airport Marriott. The job fair will be followed from 1-6 p.m. by a Future Pilot Forum laying out the pathways to a professional pilot career and … [Read more...] about Monday Memo: Fed chief Powell at Jackson Hole, U.S. home sales data, pilot job fair
Private jet on the ramp at Jackson Hole Airport ready for departure Busiest Day in History Expected as Private Aircraft, Jet Charters and their Passengers Join Record Crowds in Jackson Hole for Eclipse Event We knew this would be busy but the numbers we are seeing are amazing.”— Rick Colson, New Flight Charters' president JACKSON HOLE, WY, USA, August 9, 2017 /EINPresswire.com/ -- On August 21 at 11:35am Jackson Hole, Wyoming will be directly under the totality of the solar eclipse for 2 minutes, 20 seconds, with the partial eclipse lasting for over 2-1/2 hours. The Jackson Hole valley includes Grand Teton National Park and is adjacent to Yellowstone National Park. On the exact centerline of the eclipse totality, the southern part of Grand Teton National Park is one of the best places in the entire country to view this event. A major summer vacation destination even without a total eclipse, Jackson Hole and the Parks are expected to exceed all-time records for … [Read more...] about Jackson Hole Drawing Record Number of Private Jet Charters for Eclipse
JACKSON — It all came together for Jerry Blann in his final year as president of Jackson Hole Mountain Resort as the ski area racked up a record 634,500 skier days.“It was planned,” Blann said jokingly. “But seriously, I arrived in Jackson in ’95, when we did 295,000 visits. A lot of effort from an amazing number of people and a lot of capital went in to get to this point, but we’re also learning how to mitigate and manage those skiers at peak times. I always say it starts and ends with the mountain, and I think we’ve done a good job of capturing that culture.”While this year beat the previous record set in 2013-14 by more than 70,000 skier days, perhaps the most noteworthy part of this season’s totals is that the resort increased skier days by 13 percent without surpassing the single-day record.“People don’t necessarily see it, but we’re quietly working to spread our business out so that the impact is less … [Read more...] about Jackson Hole Mountain Resort sets attendance record
(AP) JACKSON HOLE, Wyo. - Every August, the world's financial markets shift their attention from the centers of global commerce - New York, London, Tokyo - to a mountain valley in northwest Wyoming. On Friday, they will hear a speech by Federal Reserve Chairman Ben Bernanke. So how did Jackson Hole, Wyo., come to wield such outsize importance in global economic affairs? In a word, trout. For four years starting in 1978, the Federal Reserve Bank of Kansas City hosted an annual conference at different sites and different times of year. The event drew little attention outside the insular world of economic analysts. What do Americans think of the rich?Will Bernanke launch QE3 from Wyoming?Federal Reserve: Retail sales boost economy Inspired by a conference the Boston Fed held near a picturesque New Hampshire site where the tearjerker "On Golden Pond" was filmed, the Kansas City Fed held its 1981 conference in scenic Vail, Colo. Still no luck. The Vail meeting drew the conference's … [Read more...] about Why world markets focus on Jackson Hole, Wyo.