No recession for the cruise industry

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In a surprise announcement, the Cruise Lines Industry Association is predicting that 13.5 million people will cruise North America this year, an increase of 2.3 percent over last year. If the forecast proves accurate, the cruise industry may be the only part of the travel industry to post a gain this year (assuming you don't count the national park system).

Some of that cruise passenger growth will come from non-American visitors to the Caribbean. All told, annual passenger volume has increased 79 percent in the past eight years.

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