Vacation searches up, signaling strong economy
By Fred Imbert, CNBC
The U.S. economy seems to be on solid footing, according to one unusual indicator: vacation searches on the internet.
Google searches for the term “vacation” rose 10 percent in April on a year-over-year basis, said Nicholas Colas, co-founder of DataTrek Research, using Google Trends data.
This is positive for the U.S. economy, Colas said, as U.S. workers are usually reluctant to take time off from work.
