With the economy on a modest upswing thanks to recovering home values, AAA Travel predicted that this year's Labor Day weekend will see more Americans hit the road than it has in the past five years.
AAA's forecast, prepared along with IHS Global Insight, cites the country's improved employment situation as another cause for the spike in travel plans. Their report predicts that 34.1 million people will travel 50 miles or more within the country the weekend of Labor Day, a 4.2 percent increase over the 32.7 million that did so last year.
"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."
Read the full AAA forecast (PDF) here.
More from Skift...
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why is American internet so slow?
- 7 ways to be the most interesting person in any room
- What the collapse of the Ming Dynasty can tell us about American decline
- What would a U.S.-Russia war look like?
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- 22 TV shows to watch in 2014
- Ukraine's fraught relationship with Russia: A brief history
- Who are the real gay marriage bigots?
- Sorry Belle Knox, porn still oppresses women
- SNL tackles Vladimir Putin's Ukraine invasion, politically and personally
Subscribe to the Week