The Fourth of July is traditionally a time when many Americans hit the road to celebrate the nation’s independence with family and friends. This year, travel for the holiday is expected to hit a record high, thanks in large part to lower gas prices and a humming economy.
According to a recent report from the American Automobile Association (AAA), nearly 48.9 million Americans are expected to travel over the Independence Day holiday, with the vast majority of them choosing to drive to their destinations. This represents an increase of more than 4% over last year and is the highest number of travelers recorded since AAA began tracking holiday travel data in 2000.
One of the main factors driving this increase in travel is the recent drop in gas prices. The national average price for a gallon of regular gasoline has fallen to its lowest level in two years, giving consumers more disposable income to spend on travel and other leisure activities. This, coupled with a strong economy and low unemployment rate, has created a perfect storm for record-breaking travel numbers this Fourth of July.
In addition to lower gas prices, other factors such as strong consumer confidence and rising household incomes are also contributing to the surge in holiday travel. Many Americans are feeling more financially secure than they have in years, and this is reflected in their willingness to splurge on vacations and travel experiences.
While the majority of Fourth of July travelers are expected to drive to their destinations, air travel is also seeing an uptick this year. The AAA report estimates that nearly 4.6 million Americans will fly to their Fourth of July destinations, marking an increase of more than 5% over last year.
Overall, the outlook for Fourth of July travel this year is bright, with record numbers of Americans expected to hit the road or take to the skies to celebrate the nation’s birthday. Whether you’re planning a cross-country road trip or a quick getaway to the beach, the lower gas prices and strong economy are making this holiday season one to remember. Bon voyage!