Top 10% of U.S. Households Now Drive Majority of Consumer Spending, and $544 Billion in Annual Leisure Travel

The Top 10% and Top 1% of American households now account for more than half of all U.S. consumer spending. This dominance is most acute in travel and tourism, where their collective leisure expenditure is projected to reach $544 billion in 2026, according to new research from Resonance Consultancy, a leading advisor in placemaking and place marketing, specializing in strategy and research for destinations, real estate developers, and hospitality operators.