Inflation: ‘1 in 3 Families Have Canceled Vacation Plans
Monday, August 29th, 2022
Inflation is still impacting everyday Americans, according to a recent survey from State Street Global Advisors.
"One in three families have canceled vacation plans as a result of higher inflation," Michael Arone, chief investment strategist of U.S. SPDR at State Street Global Advisors, said on Yahoo Finance Live (video above). "And about half of those surveyed also have changed their buying behavior, meaning buying different goods, cheaper prices, or doing less in terms of entertainment." See more.