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July 08, 2011 at 08:00 PM
U.S. investors seem to be demonstrating growing confidence in the state of the economy by leaving town.
About 82% of the investors polled said they plan to take a vacation this summer; in 2010, only 73% of the investors took a summer vacation.
About 60% of the participants said they expect to spend at least as much on vacations this year, and 20% said they expect to spend more.
John Hancock, Boston, a unit of Manulife Financial Corp., Toronto (NYSE:MFC), has published those figures in a report on a quarterly investor sentiment survey series it started earlier this year.
