Economy Puts Vacations at Risk for Nearly Half of Americans

Paradise

Paradise

A growing inclination among Americans to cancel or change their vacation plans appears to be a sign that the slowing economy, stalled employment growth, and perhaps high gas prices are taking a toll on consumer confidence.

new survey conducted by Harris Interactive for online jobs and career community site Glassdoor found that 45% of workers who have taken or plan to take a vacation this summer “would reduce or cancel their plans to save money if the economy continues its volatility.” Adults 18 to 34 are slightly more likely to curtail plans. Perhaps they believe they have more years ahead of them to travel than older people do.

Another conclusion of the poll is that people who are on vacation aren’t really “on vacation” in some cases.

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