So, this past Thursday, I posted an episode that explored the specific economic situation

that created the context for this year's Parks Panel at the D23 event.

If you haven't listened to that episode yet, you may want to click back one episode and explore

that one first.

That episode took a look at the most recent

earnings report and earnings call from both Comcast, owner of the Universal Parks, and Disney.

Both companies admitted that presently they were having problems in terms of park attendance

in America. Neither company broke down the difference between the California and the Florida parks in terms of park attendance in America. Neither company broke down the difference between

the California and the Florida parks in terms of attendance numbers and revenue decline, but from

having been in both the California and Florida parks very regularly this year, I can tell you

that the visitation problem is more significant in Florida than it is in California.

And here's the interesting or troubling part for Disney. Despite every other sector at the Disney

company doing well right now, including the streaming business that at least overall finally made

a small profit and theatrical having two

significant hits with Inside Out 2 and Deadpool 3, investors weren't happy with the company's

performance, which was almost wholly based on reduced revenue from the American resorts,

which was down 6%.

There are a number of factors that contributed to this. Some of them are outside Disney's

control, but some of them are not. Generally, here's that list. First, a strong dollar has

meant that middle-to- upp upper class families are taking this opportunity

for an overseas vacation, particularly in Europe and in Asia. In America, the Fed continues to keep

interest rates high, which leads to a stronger dollar compared to other currencies.

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