TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Economic uncertainty hurts business travel

By The Associated Press
Wednesday, Oct. 10, 2012, 12:01 a.m.
 

Companies are continuing to cut back on employee travel plans amid uncertainty surrounding the health of the economy.

Americans are expected to take 438.1 million business trips this year, down 2 percent from last year, the Global Business Travel Association said Tuesday. Overall business travel spending is expected to be up 2.6 percent, but that's only because trips are more expensive.

The group cites a lack of significant job creation in the sectors that would spur business travel and worries about whether a package of steep tax increases and sharp government spending cuts can be avoided as major factors hurting business travel plans.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Finleyville maker of luxury kids’ structures learns from housing bust
  2. Symposiums to spotlight Pittsburgh’s role as an energy powerhouse
  3. Sears leaving Century III after 3 decades in West Mifflin
  4. Existing home sales fall in August, snapping streak of gains
  5. Treasury plans steps to curb tax inversions
  6. Balancing gas pipeline expansion, environmental unease a problem in Pa.
  7. Hospitals turn to technology to tear down language barriers with patients
  8. More companies embrace exchanges to curb health care costs
  9. Mylan CEO Bresch sets sights on growth
  10. Budweiser’s parent firm wants to buy Miller’s parent company
  11. FDA revises food safety rules due out next year
Subscribe today! Click here for our subscription offers.