Could Airbnb Slowdown Hint at Larger Problems for U.S. Consumers? 

Airbnb suffers largest single day slide since IPO. 

Airbnb reported second-quarter earnings that revealed it is seeing a slowdown in demand from travelers in the US. People might still be traveling, but if the latest numbers from Airbnb are any indication, where they’re staying has changed. Bookings were disappointing in Q2, and analysts are expecting things to slow down even more before the end of the year. 

What’s one of the first things you give up when money gets tight? The pricey vacation or the weekend getaway. That’s why it’s worth watching what happens with Airbnb this year to get a sense for the state of the U.S. consumer.

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