U.S. Census-at-a-Glance Widget

Wednesday, February 11, 2009

Corp travel budgets cut

from USA Today (2/10):

Surprising number of companies cut travel spending

By Dan Reed, USA TODAY

"Twice as many U.S. companies as previously expected are cutting their travel spending this year in response to economic weakness and uncertainty.

The Association of Corporate Travel Executives says 71% of its member companies now plan to spend less on travel this year than in 2008. That's a huge and unprecedented shift in corporate travel managers' plans from just five months ago, says Susan Gurley, the association's executive director." ...

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