It’s slowing fastest for workers in low-wage and entry-level jobs. 

Ray Lujan, a lifelong resident of Las Vegas, sees Trump administration policy playing a big part in the city’s droopy tourism numbers for 2025.

Right now, there are signs of a tourism and spending slump that could spell trouble for the rest of the U.S. economy.

These companies are trying to predict when the resilient American consumer will break under rising prices and stop splurging on things like travel and takeout. 

Consumers spent 1.5% less than they did in January. Is this a worrying sign for the economy?

And economists wonder how long those who are better-off can even keep it up.

Consumers’ plans for spending on fun edge out everyday essentials and big-ticket items, according to a survey from the New York Fed.

The furniture and home furnishings sector saw a 5.4% sales decline last year.

Shoppers have been pulling back on “discretionary” spending at retailers.

Discretionary spending may decline as people add those payments back into their budgets.