Is Expedia Group (EXPE) among the best leisure and recreation services stocks to buy now?
An ASU economics expert discusses why the leisure travel market is growing.
In this story published Dec. 30, 2024, on Yahoo! Finance:
Spending has been driven by continued stimulus savings, low unemployment, and wage hikes. Despite continuing consumer concerns about economic instability, Lee McPheters, a research professor and director of the JPMorgan Chase Economic Outlook Center in Arizona State University's W. P. Carey School of Business, points out that the industry's resurgence is being driven by pent-up demand and strategic pricing, with travel being prioritized for experiences.
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