Is Election Year Uncertainty Putting U.S. Businesses At Risk?

Mike McCormick | October 28, 2016

By Mike McCormick Today, the GBTA Foundation released its latest quarterly U.S. business travel forecast, slightly downgrading our expectations from the previous quarter. Uncertainty around the upcoming presidential election is among the factors influencing our more pessimistic outlook for U.S. business travel spending through 2017. Along with the uncertainty surrounding the election, sluggish global expansion, low inflation, weak investment and choppy geopolitical conditions continue to shackle business travel volume and spending growth. GBTA forecasts business travel volume to advance just 1.0 percent in 2016, while spending falls 0.6...