US to lose billions? Weak travel demand could cost economy, warn analysts
Declining travel demand, fueled by trade policy uncertainties and anti-American sentiment, threatens significant economic losses for the US. Major travel companies report stalled demand and withdrew projections, while analysts estimate reduced foreign travel expenditure could lower US GDP by billions. Americans are also showing caution in discretionary spending, exacerbating concerns about a potential recession.
Declining travel demand, fueled by trade policy uncertainties and anti-American sentiment, threatens significant economic losses for the US. Major travel companies report stalled demand and withdrew projections, while analysts estimate reduced foreign travel expenditure could lower US GDP by billions. Americans are also showing caution in discretionary spending, exacerbating concerns about a potential recession.
