Well-to-Do Americans Still Plan to Travel, Says Morgan Stanley Research
Morgan Stanley Research released on Tuesday another of its AlphaWise surveys on consumer sentiment. This time it polled about 2,000 U.S. consumers between April 29 and May 2.
Well-to-do households said they were sticking with their travel plans, while there was some weakening in travel planning by other consumers.
Households with income above $150,000 told pollsters that they were still planning to spend significantly more than average on domestic leisure, work-related, and international travel during the next six months.
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