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Robert Evans doesn’t have to watch the news to find out about economic jolts that might cause the American consumer to pause. He just has to look at his cycling race registrations.
“Every time something major is announced, like tariffs, or an attack on another country, our event registration tracks like the stock market. People pull back for a minute and pause and take a wait-and-see attitude,” said Evans, who is the CEO of Cycling Quests, which organizes high-end road races.
He says that wait-and-see attitude is now in evidence.
