Inflation Is Impacting U.S. Travel

We are currently feeling the force of sky-high inflation in our everyday lives. 

Above, Dallas Love Field Airport terminal. Photo by Armand Vaquer.

It has impacted us with price rises on food, housing, utilities and goods & services. Right now, there's no end in sight.

It is also impacting the U.S. travel industry. 

TravelPulse has posted an article on how inflation is impacting the cost of traveling in the U.S.

They begin it with: 

New data showed inflation in the United States has risen at the fastest rate since 1981, and the travel and tourism industries have already felt the force of the changes.

According to the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) rose 8.5 percent in March year-over-year and 7.9 percent in February, the fastest jump registered since December 1981.

In an infographic from Yahoo Finance, the Federal Reserve revealed prices over the last year have increased for several travel-related industries, including hotel rooms (25.1 percent), rental cars (23.4 percent), restaurants (6.9 percent) and recreation (4.8 percent).

To read more, go here.