Washington Post (May 27)
“More Americans are expected to travel for the Memorial Day weekend than last year despite record-high gasoline prices, costlier airfares, higher hotel rates and a wave of covid infections — the result of pent-up demand outstripping health concerns and escalating prices.”
Tags: Airfares, Covid infections, Escalating prices, Gasoline, Health concerns, Hotel rates, Memorial Day, Pent-up demand, Record high, Travel, U.S.
USA Today (May 14)
“From cars to groceries, prices are skyrocketing.” From March to April, the “eyepopping prices” have included “used car prices climbed 10%; airline fares, 10.2%; hotel rates, 7.6%; car rental prices, 16.2%; admission to sporting events, 10.1%; household furnishings, nearly a percentage point; and car insurance, 2.5%.” It remains unclear whether this is “just a recovery blip, or a return of 1970s-like inflation.”
Tags: 1970s, Airline fares, Car rental, Cars, Eyepopping, Furnishings, Groceries, Hotel rates, Prices, Recovery blip, Skyrocketing, Sporting events, Used cars
