Forty-seven percent of Americans say they've either canceled or pared back their summer vacation plans this summer due to surging gas prices and another 20% said rising air fares have forced them to modify their travel itineraries to save money.

The RBC Consumer Outlook Index for May fell to 42.9, down 1.9 points from April's 44.8 score.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access