Break from the Grind June 19, 2012
TRIVIAL PURSUITS: How much do U.S. households spend on vacation?
How much do U.S. households spend on vacation?
Reported by PS
In 2008, the most recent year for which expenditures data are available, U.S. households spent, on average, a total of $1,415 on transportation, lodging, food and beverage, entertainment, and gifts while on vacation and pleasure trips—representing 3% of total household expenditures, according to the Bureau of Labor Statistics.
The largest travel expense was for transportation, which represented 44% of the total amount spent. Households spent the least amount on the most discretionary travel-related expense, entertainment, which represented 10% of all travel-related expenses.