AIRLINES & ALLIANCES

McKinsey report: An update on the state of the US consumer – Food and Travel is dominating spending

McKinsey article looks into spending paterns of the US cosumer over summer 2023. Read in full  Key conclusions:  American consumers remained cautiously optimistic. Inflation dipped and consumers spent. As inflation continued to cool, both real and nominal spending increased slightly from the previous year. The real year-over-year spending change rate…