US consumers are done splurging, Fed report suggests

After a summer of robust consumer spending, US hospitality businesses finally expect the end of “revenge travel” — a phenomenon in which consumers spent big on travel to make up for lost time during pandemic-era lockdowns.

​CNN.com – RSS Channel After a summer of robust consumer spending, US hospitality businesses finally expect the end of “revenge travel” — a phenomenon in which consumers spent big on travel to make up for lost time during pandemic-era lockdowns. 

Read More After a summer of robust consumer spending, US hospitality businesses finally expect the end of “revenge travel” — a phenomenon in which consumers spent big on travel to make up for lost time during pandemic-era lockdowns. 

 

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