(AAA news release) Are you planning on traveling this fourth of July? If so, you won't be alone.
According to a news release issued by AAA on Thursday:
AAA Travel projects 40.8 million Americans will journey 50 miles or more from home during the Independence Day holiday, a 0.8 percent decrease from the 41.1 million people who traveled last year.
The anticipated decline in holiday travel is predominantly due to a shorter holiday period. With the Fourth of July landing on a Thursday this year, the holiday period has returned to the standard five-day holiday, compared to the six-day period in 2012 when the holiday fell on a Wednesday. Decade-high travel volume occurred in 2007 when 42.3 million Americans traveled and the holiday also fell on a Wednesday.
The Independence Day holiday travel period is defined as Wednesday, July 3 to Sunday, July 7.
“This year nearly 41 million Americans plan to celebrate the nation’s birthday with a getaway, a slight decline from last year,” said AAA President and CEO Robert L. Darbelnet. “This projection is due to the calendar effect of one fewer day in the holiday period and economic growth that is not robust enough to offset the impact of the sequester and the effect of the end of the payroll tax cut on American families.”
Highlights from 2013 AAA Independence Day Holiday Travel Forecast include:
Independence Day holiday travelers to total 40.8 million, a decrease of 0.8 percent from the 41.1 million who traveled last year
Eighty-four percent of travelers (34.4 million) to travel by automobile, a decrease of 0.7 percent from 34.7 million last year
Holiday air travel expected to increase slightly to 3.07 million from 3.06 million in 2012
Independence Day holiday travel volume is expected to remain above the 13-year average of 38.9 million for this holiday
The largest share of travelers (32 percent) will depart on Wednesday, July 3
Sunday, July 7, is the most popular date of return for holiday trips with 38 percent planning to return that day
The average traveler is expected to travel a round-trip distance of 613 miles and spend $747
Read the entire story posted to the AAA newsroom by clicking HERE.