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The end of the summer is nearly here. For those who haven't yet planned that summer vacation, it's time to stop procrastinating and get going.
Workaholics and procrastinators should know they're far from alone in putting off vacation. According to Allianz Travel Insurance's annual Vacation Confidence Index, more than 170 million Americans (53 percent) haven't taken a vacation in the last 12 months.
Meanwhile, 37 percent haven't been on a vacation in more than two years. That's down three points from 2015, when 56 percent of respondents reported not having taken a vacation in a year and 41 percent admitted to having not been on a leisure trip of at least a week to a place 100 miles or more from home in more than two years.
"We've only seen the slightest increase in Americans taking a vacation this year," said Daniel Durazo, director of communications at Allianz Global Assistance USA. "Our findings show that Americans continue to be plagued by an alarming vacation deficit."
This vacation deficit is not that surprising, "when you consider that consumer confidence still hovers at relatively low levels coupled with uncertainty about the economy and specifically consumers' own job security," said Laura Mandala, managing director of Mandala Research, a tourism and travel company.
"Policy and regulatory uncertainty has kept so many companies in a holding pattern, and that gets passed on to workers," said Mandala. "It's difficult to plan on travel when you're waiting for the next shoe to drop."