Nearly 49 million Americans are making plans to honor the red, white, and blue with an Independence Day getaway this year. This is the highest figure on record since AAA began tracking holiday travel in 2000.
Overall travel volume for the holiday is expected to rise 4.1 percent over last year, with an additional 1.9 million people planning road trips and other vacations to celebrate America’s birthday. For the record-high 41.4 million Americans who will travel by automobile this Independence Day, INRIX, a global mobility analytics company, predicts drivers could face delays as much as four times a normal commute, with Wednesday, July 3 the worst day on the roads.
In addition to lower gas prices compared with last summer, broader economic fundamentals remain strong. Low unemployment, robust consumer spending, and rising disposable incomes are all encouraging more consumers to invest their hard-earned money in travel this summer.