The U.S. travel industry will fall alongside the economy should it head off the "fiscal cliff"
Skift Take
Spending on business travel will initially drop by $20 billion if the U.S. enters a recession, but could bounce back from lower interest rates and reduced deficits over the long run.
If the U.S. economy falls over the “fiscal cliff,” it would have an immediate and severe impact on U.S. business travel, according to new research from the Global Business Travel Association Founda
