Evan Peterson, CME Group
AT A GLANCE
- Domestic air travel within the United States is returning to pre-pandemic levels, and RV sales are reaching record highs
- International travel still faces uncertainties, but could be a post-pandemic barometer for the global economy, say CME Group Economists
Travel is back – in the United States, at least. Traffic at TSA checkpoints sank more than 80% from March to April 2020, but has now nearly returned to pre-pandemic levels after marking their largest numbers since the start of the pandemic during the July 4 weekend.
“While international travel is still constrained by uncertainties, domestic air travel is rising fast,” says CME Group Chief Economist Blu Putnam in the latest episode of The Economists, above. “Within the U.S., first class air travel has come back rapidly already to pre-pandemic levels, even as business…