Not only are travel plans and

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The Conference Board survey highlighted increased interest in travel while also recording its fifth straight reading on the near-term economic outlook below 80. Lower scores typically indicate an impending recession, which often triggers a drop in discretionary spending, such as travel. The mixed signals may be a case of consumers prioritizing spending that makes them happiest. In fact, the average American spends nearly two and a half hours a day "dream-rolling" about things they'd like to buy or own one day — with 25% of them most concerned about vacations.


Not only are travel plans and consumer confidence argentina phone number list diverging, but there has also been a huge divide between generations this year. Empower research shows that 52% of baby boomers prefer affordable travel options, while 20% of millennials have put off major purchases, such as homes, to finance their travel plans. Spend and save How are Americans balancing their desire to travel with their wallets? Those willing to take the plunge this summer are funding their trips through side jobs (45%), tax refunds or bonuses (34%), and loyalty programs (32%).


While nearly one in ten jet-setters say they’ve taken on an average of $2,849 in debt to get to their dream destination, that could explain some of the divergence between consumer sentiment and travel plans. The expected increase in travel demand can also be attributed to the decline in airfares. According to the Consumer Price Index (CPI) in May, airfares fell 5.