Survey: 61 Percent Less Likely to Travel Labor Day Weekend

Wake Up With Cheddar

Now we're all looking forward to a relaxing holiday weekend. But a new study shows many of us are concerned that inflation will impact our Labor Day holiday. The wallet hub survey looked at Americans Labor Day plans and found that 55% of people plan to spend less, less money this weekend compared to 2022. And the survey found that 61% of people are less likely to travel due to inflation. So where's the money saved going to go? The survey found that 25% of people will spend it on food, 19% on gas and 15% on local entertainment. So, Hannah, do you know many people who are opting to say local this Labor Day Weekend? I have to say, I don't know many people who are actually traveling at, you know, we're in New York City, obviously who are leaving the tri state. I really can't think I can't think of maybe one person. What about you? I, I don't because I know anyone who's traveling. I do have a couple of friends in town, so they did travel here. But I would say overall this summer, I the majority of people I know didn't really travel. It was a lot of staycations pieces on that recently. But um a lot of people trying to stay local again, citing the budget saying, you know, I'm gonna pick up travel later on in the year. But a lot of people saying it's, there's a lot to do around home and you know, it's not bad, especially with inflation, save that money.