Home

Instant Insights / Happy Holidays: Celebrating Employees, Clients, Partners, and the End of 2020

News

Americans adjusting holiday spending, travel plans in response to pandemic

Household income determines behavior during a pandemic.

By Alan Goforth | December 02, 2020 at 07:55 AM

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

man and child in front of Christmas tree hugging and wearing Santa Claus caps

Americans are changing their holiday spending and travel plans as COVID-19 cases continue to spike. Credible, a multi-lender marketplace, recently surveyed more than 1,000 adults about the impact of the ongoing pandemic. The responses often varied by household income.

Holiday travel. Two-thirds of respondents plan to stay home for the holidays, and an even higher percentage (70 percent) of families with household incomes of $75,000 or more said that’s the case. Overall, slightly more people plan to travel over the Christmas and Hanukkah holidays (23 percent) than thought they would at Thanksgiving (22 percent).

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account? Sign In Now

Dig Deeper

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Exclusive discounts on BenefitsPRO.com and ALM events.