Triple A Predicts 10% Increase In Labor Day Travel
Triple A has released its national predictions for holiday travel, and they say it indicates people will spend more money than this time last year, but spend it carefully. Charles Fishburne reports.
It is not exactly a traditional indicator, but the Triple A travel forecast can sometimes tell which way the economy is traveling.
Mitchell: Travel in the nation for Labor Day is expected to increase by just about ten percent from last year.
Martha Mitchell, Triple A Mid Atlantic says 34.4 million of us will take a substantial trip, and that's up about three million from last year.
Mitchell: Truly an indication that our economy is indeed recovering and the very lows we saw--the low travel numbers we saw in 2009.
But she says more people will travel by car--about 91% compared to 80 or 85% in better times.
Mitchell: What that tells us is that people are not ready to fully jump in, yet. They're not going the Disney World, but they're returning to travel. That's what's important.
The state travel forecast will be released next week.