American travelers are booking fewer domestic flights in another warning sign for the economy

Fewer Americans are traveling by air, especially domestically, due to increasing worries about recession. Joanne Hsu, director of the Surveys of Consumers, says this isn’t a distress signal the way car loan defaults would be, but, “It’s a sign consumers may not be as willing to spend as freely as they have in previous years. … It doesn’t mean the consumer is in trouble, but it doesn’t bode well for consumer spending generally.”