1507 ET - The Trump administration's push to shrink the government could hurt the travel industry, and the broader U.S. economy, Melius Research analysts say in a note. They point to United Airlines having recently said that its government business has weakened following the U.S. election in November. The analysts, however, note that airlines' exposure to government is relatively small, accounting for less than 2% of revenue at United, and about 1% of sales at Delta. "The question is whether the weakness within the government sector will ripple throughout other parts of the economy," the analysts write. "Hard to tell, but clearly there is growing uneasiness on how that might be contained." (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 07, 2025 15:07 ET (20:07 GMT)
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