Labor Day holiday travel expected to increase
August 21, 2012 · 11:07 AM
AAA projects 33 million Americans will travel 50 miles or more from home during the Labor Day holiday weekend, a 2.9 percent increase from the 32.1 million people who traveled last year. The total number of 2012 Labor Day holiday travelers is expected to reach a new post-recession high, and is the third increase in holiday travel this year. AAA’s Memorial Day and Independence Day holiday travel forecasts projected increases of 1.2 percent and 4.9 percent, respectively. The Labor Day holiday travel period is defined as Aug. 30 to Sept. 3.
Despite a sluggish economy and recent rises in gas prices, the increase in expected Labor Day holiday weekend travelers is driven by improving consumer confidence compared to one year ago and Americans' desire to travel.