Americans Are Spending Less on Summer Vacation This Year over Economic Fears

Americans are spending less on summer vacation this year over economic fears

Americans’ wallets seem to be feeling the impacts of the president’s tariff threats

Americans are downsizing their summer vacations

Summer vacation spending is expected to drop by 25 percent this year as Americans cut back on travel plans because of economic uncertainty and rising inflation.

There’s More Tough News for Vacationing Americans

Economic uncertainty is driving many Americans to downsize their summer vacations, according to The Washington Post. While not skipping their annual summer journeys entirely, many travelers have chosen shorter or less expensive trips, citing a desire to save a larger nest egg should inflation significantly increase the price of consumer goods or their economic fortunes take a tumble in the coming year.  For travel providers, this summer may indi…