AAA predicts pre-recession numbers of Americans will travel this weekend
More Americans are going to shake off the winter blues with a refreshing spring road trip over the upcoming Memorial Day weekend. AAA is predicting a post-recession high of 36.1 million Americans traveling 50 miles or more over the holiday weekend.
Americans are about to spend a lot of money on gasoline. If the number crunchers at the Union of Concerned Scientists (UCS) are correct, US drivers will spend a tidy $1.44 billion filling up for their Memorial Day travels as 31.2 million people use the long weekend to participate in the time-honored tradition of a road trip.
Generally speaking, holiday weekends are always good for auto sales, but the Detroit Free Press says that dealers are expecting to do exceptionally well during this year's three-day Memorial Day weekend. Even better, forecasts have 2013 new-car sales being the best the industry has seen since 2002 – predictions are hovering between 15 million and 16 million units for the year.
Memorial Day weekend is one of the premiere road trip holidays. According to the American Automobile Association, more than 30 million people will hit the road this weekend, averaging 642 miles each. That means, for many, crossing state lines. And nowadays, that's more confusing than ever. Speed limits may vary, but at least those are posted. Cell phone laws, however, are much more confusing.
Surprisingly, gas prices dropped prior to Memorial Day weekend and have seemed to defy logic throughout much of the first half of 2011. Luckily, pump prices have dipped below their 2011 peak of $4, down to a nationwide average of approximately $3.80. However, analysts warn that we're not out of the woods just yet.
We may have one less excuse not to visit the in-laws this holiday season. According to the National Motorists Association and State Farm, driving on the holidays may actually be safer than jumping behind the wheel on a normal day. The insurance agency recently took a look at the number of claims it received on seven separate major U.S. holidays – the Fourth of July, New Year's Day, Memorial Day, Easter, Labor Day, Thanksgiving and Christmas – and found that on average, those days had
Unless you've had your head glued to a computer monitor for the past month (like we have), odds are you know it's Memorial Day weekend. Thanks to a modestly improving economy and bottom-basement deals on accommodations and flights, this year's summer kick off is slated to see quite a few more travelers than last year. Consumer Reports says that all in all, 32.1 million Americans will be leaving home for a little R&R over the three-day weekend. That number is up a full two million travelers c
Like you, we at Autoblog will be out and about today, enjoying the day off with family and friends, but we still have posts scheduled throughout the day for you. Before we usher in summer with the parades and cookouts and camaraderie, take a moment with us to remember the American servicemen and women for whom this day has been set aside. Their ultimate sacrifice is something we humbly honor as we salute the departed.
An article in from Automotive News tells us... what we already know. Even though gas prices have declined since their almost record-breaking highs on Memorial Day, consumer confidence is at a low. What is interesting about the article is that it points out that not only is our confidence in oil down, but that lack of confidence extends to other parts of our consumerism.