Update: Florida Benefits from Brazilian Boom
According to a NYTIMES piece:
“American Airlines now has 52 flights a week to Miami from five cities in Brazil, and has applied for more routes. Because it receives the highest number of visitors from Brazil, Florida has benefited most from the country’s new wealth and the expansion of its middle class. Most of the Brazilians who come to the United States visit Florida, and in the first nine months of this year, an estimated 1.1 million Brazilians spent $1.6 billion in the state, an increase of nearly 60 percent from the previous year. Among foreign nations, only Canada sends more visitors to Florida.”
Rise of the Renminbi Continues: