American consumers’ leisure lives are working hard for card companies right now. American Express AXP -2.80% on Friday reported that spending on its cards for travel-and-entertainment just about matched the…
Tag: Spending
Travel Defies Inflation-Fueled Spending Squeeze
After two long years of pandemic restrictions, travel is likely to offer a relative refuge from concerns about an inflation-fueled slowdown in consumer spending. Airline fares are on the rise. Michael…