Many travelers are opting to stay closer to home. And households earning $100,000 or more are forecast to make up about half of this summer’s travelers, according to analysis by Deloitte.
Pottery Barn is one of many retailers focusing more on business outside the U.S. And it seems to be a strategy to offset the cost of tariffs, and the potential downshift in spending from American consumers.
Consumers’ expectations about their own personal financial situations declined sharply in April, according to the New York Fed. But their inflation expectations didn't change much.