The cost of lodging away from home increased 17.6% between December 2011 and June 2012. This is a massive spread between the yearly peak and trough of the lodging price index. By looking at the six month change, the swings of seasonality are clear. It also becomes clear that the seasonal swing is increasing massively over time. The peak difference in June 2012 is 1.7% higher than June 2011, 3.1% higher than June 2010, and 6.3% over June 2002.
In other words, lodging costs 17.6% more in June than in December. With differences that large, maybe it’s time to plan a December trip?
–From Data at the St. Louis Federal Reserve. Chart created at Data360. Each data point in graph shows CPI of Lodging Away from Home minus CPI of Lodging Away from Home six months prior and converted to percent change.
September 25, 2012 at 9:58 pm |
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November 18, 2012 at 9:11 am |
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