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AAA Predicts Labor Day Holiday Travel Up
August 30, 2013
AAA Travel projects 34.1 million Americans will journey 50 miles or more from home during the Labor Day holiday, a 4.2 percent increase from the 32.7 million people who traveled last year.
The anticipated increase in holiday travel is predominantly due to increased consumer spending and the improving housing market. The total number of 2013 Labor Day holiday travelers is expected to reach a new post-recession high. The Labor Day holiday travel period is defined as Thursday, August 29 to Monday, September 2.
“AAA is forecasting a lift in Labor Day travel this year due to the increasingly positive economic outlook and optimism in the housing market,” said AAA President and CEO Robert L. Darbelnet. “For many Americans, their home is also their biggest asset, as home prices improve in many parts of the country more families are feeling comfortable about traveling this Labor Day holiday.”
Approximately 29.2 million people (85 percent) plan to drive to their destination, an increase of 4.3 percent from the 28 million who drove last year.
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