Gas Prices Cause Some Travel Cutbacks

While two-thirds of American families say they haven’t yet scaled back
their summer vacations because of higher gas prices, the other one-third
are significantly changing their travel plans, The Conference Board
reported in a special survey.

Among families who are changing plans because of the run-up in
gas prices, 63 percent say they will be staying closer to home, about 26
percent say they have postponed or shortened their vacations this year,
and about the same number say they are canceling vacation plans because
of high gas prices. The survey covers 5,000 U.S. households and was
conducted for The Conference Board by TNS in July.

In a statement the Board said, “These survey results show that
while most Americans haven’t changed their vacation plans because of
rising gas prices, a substantial proportion — one in three — have been
compelled to alter vacation activities.”

When asked if higher gas prices have affected their commute to
work, nearly one-fifth said yes. Among those who have changed their
commuting routines, about 20 percent said they are doing more work from
home, another 16 percent said they are car-pooling, and 10 percent are
using public transportation.

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