I have some very specific observations:
-I live in relatively affluent Milan. A friend who owns a sporting goods store noted that ski sales were buoyant this year. He cited: 1) a lot of early season snow; 2) a redimensioning effect for vacations. Italians get a relatively high number of vacation days and tend to travel a lot. This year, my friend posited, a lot of people who owned under-used homes in the mountains were planning to use them more/travel (elsewhere) less. What I saw in the mountains appears to bear this out. Big (eg, in line with other years) crowds on weekends and holiday periods, though we did have a lot of snow and the weather was generally good. Madesimo doesn't get any US visitors, so no forex effect there.
-I did not purchase a pair of skis this season. However, I bought a couple pairs in the offseason and again, given the heavy snow cover, never risked wrecking any on rocks, my usual rationale for buying. And I bought a pair of boots, though I got a great deal. And the fact that we're spending a lot more money now on skiing for our kid (seasonal gear rental, a ski school package, season pass, new jacket and pants, plus some onhill meals) puts a damper on my own spending.
-I only skied at my home hill. Again, mixed reasons for this. I was never able to organize trips in the Alps, partly because the period in which I was free to do so turned out to be very windy, compromising snow quality, and partly because conditions were often so good at my home hill. I also called off catskiing in Canada, mostly for family reasons, but also for economic ones.
-My wife skied less than she would have liked, partly to save money. She doesn't have a pass, and a ski day for her also requires a babysitter for our smaller kid, so it's a significant cash outlay. She pretty much only skied on drop-dead perfect days. Partly, this reflects the fact that she's not as into skiing as I am, but also, desire to save money played a role.