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Posted: Thursday, August 22nd 2013 at 8:23am

Labor Day travel expected to be highest since recession-driven decline

By Staff
EMAIL STORY CONTACT EDITOR PRINT
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In Georgia, AAA expects 918,875 people to travel over the holiday weekend - 805,406 by car, 66,287 by plane, and 47,182 via other means of transportation.
TAMPA, Fla. – 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 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.

(Click on the link below to view the full 2013 AAA Labor Day Travel Forecast.)

“Although this summer’s holiday travel numbers were pretty lackluster compared to last year, Labor Day travel is forecast to end the summer with a bang,” said Jessica Brady, spokeswoman, AAA Travel, The Auto Club Group. “More people are forecast to travel this Labor Day weekend since the post-recession high of 45 million in 2008.”

In Georgia, AAA expects 918,875 people to travel over the holiday weekend - 805,406 by car, 66,287 by plane, and 47,182 via other means of transportation.

Gas prices are unlikely to deter travelers this holiday, after falling below year-ago levels. The average price for gas on Labor Day 2012 was $3.83 per gallon, the most expensive average ever on record for the holiday. The current national average price for a gallon of regular gas is $3.54, 18 cents lower than last year.

At this time, AAA forecasts gas prices will remain less expensive than last year based on current trends, but there remains the potential for late-summer hurricanes and increased violence in Egypt that could send prices higher.

AAA’s projections are based on economic forecasting and research by IHS Global Insight. The Colorado-based business information provider teamed with AAA in 2009 to jointly analyze travel trends during the major holidays. AAA has been reporting on holiday travel trends for more than two decades. The complete AAA / IHS Global Insight Labor Day 2013 Forecast can be found here.

Link: AAA Labor Day Travel Forecast
Associated Categories: National News, Local/State News, Politics

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