Weekly Coronavirus impact on travel expenditures in the US

Travel and Tourism | US

Travel spending contracted 16% in the week ending December 5th, proving the prior week’s boost to only be a momentary respite from the gradual downward trajectory it has been on since the end of the summer travel season. The percentage loss from 2019 declined to -48% from -39%. This is the worst decline since the week ending August 1st. New records in confirmed COVID-19 cases and the re-enactment of policies restricting travel could lead to further declines through the winter travel season.

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