The Labor Day holiday is quickly approaching in the United States. This is traditionally a very popular time for people to travel. However, over the past few years, travel numbers have been down. This was mostly due to the struggling economy. Now, however, things have started to pick up in the United States, and people are traveling again. AAA says that this year’s travel numbers are going to be an improvement over last year’s numbers.
AAA estimates that close to 34 million people will travel at least 50 miles or more in the United States during the Labor Day holiday. This is a 4.2 percent increase over the 32.7 million people that travelled during the Labor Day period last year. The Labor Day holiday is defined as August 29 to September 2. Although this is great news for the travel industry, it is not unexpected news.
Due to the fact that spending has increase in the United States as of late, travel experts have been expecting this Labor Day to bring in some much-needed cash for the weak travel industry. Spending in all markets of the United States has started to see an increase. People are not only travelling more but are spending more in general. Consumer confidence is returning, and this means great things for the country overall.
AAA went on to say that this means great things for other countries as well. As confidence returns to the United States, more people are likely to travel overseas. They have more money to spend, and many people have had to cancel overseas trips due to lack of funds. Now that they have money to spend again, they are looking to make up for the holidays that they missed out on.
For Labor Day, however, most Americans are likely to stay within the country. The total number of people who will be travelling during Labor Day in 2013 is a new post-recession high. Nearly 85 percent of all the people who travel over the weekend are expected to travel by way of automobile. This is an increase of 4.3 percent from what was seen holiday weekend last year. However, there will be an increased number of people travelling by air as well. AAA says that the airports should see an increase of 3 percent in travellers.
This same report from AAA goes on to show that most people will depart for their trip on August 30. After that, most people are likely to start returning back home on September 2. Expect the roadways to be busy when travelling on these dates. The average person will travel at least 594 miles round-trip for this holiday weekend. They will also spend close to $804 on average.
AAA went on to say that this report was based on the economic forecast that was put out by IHS Global Insight. This is a company based in Colorado that has provided information to AAA in the past. AAA has been reporting travel predictions for the past two decades and is usually pretty close to accurate.