Americans starting to pull back on travel, restaurants: WP


By Xia Lin

NEW YORK, June 20 (Xinhua) -- More Americans are beginning to hold off on booking flights, getting haircuts, building backyard pools and replacing old, leaky roofs, in some of the new signs that the consumer engine of U.S. economic growth could be losing steam, The Washington Post (WP) reported last week.

"Over the past several weeks, households had already cut back on big-ticket purchases because of soaring prices, but in a worrisome twist, data suggests consumers are also beginning to tap the brakes on dining out, vacation plans and even routine services like manicures, hair cuts and home-cleaning appointments," it said.

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