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  Factoid - Monday, August 18, 2025
Posted Under: Factoid • Sectors • Consumer-Retail
A recent Ipsos poll revealed that Americans expect to spend an average of $3,132 on summer vacations this year, a decline on 25.4% from an average of $4,199 in 2024, according to the Washington Post. Fifty-six percent of Americans said they plan to travel less this year, opting for shorter or more budget-friendly trips due to financial concerns. Despite the decline in vacation spending, total U.S. travel expenditures are forecast to reach $1.35 trillion in 2025, up from $1.30 trillion last year, according to data from Statista.
Posted on Monday, August 18, 2025 @ 10:01 AM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
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