Millennial Money: Young adults traveling on fiscal thin ice
newscatcher
2023-04-23 05:31
Millennial Money: Young adults traveling on fiscal thin ice
By SAM KEMMIS of NerdWallet Prices for travel remain stubbornly high. The cost of airfare in February was 27% higher than the same month a year earlier, according to U.S. Bureau of Labor Statistics data . And rental car prices -- having shot up during the pandemic -- remain high today, as they're 37% pricier in February than they were in the same month in 2019. Yet costlier travel is not deterring younger Americans who are eager to hit the road (and the skies) this year. A whopping 87% of 18-to-29-year-olds and 90% of 30-to-44-year-olds intend to travel this summer, according to a March survey by The Vacationer.

https://www.texarkanagazette.com/news/2023/apr/23/millennial-money-young-adults-traveling-on-fiscal/

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