AAA said Tuesday that it is projecting that 34.1 million Americans will journey 50 miles or more from home during the upcoming Labor Day holiday, a 4.2 percent increase from the number of people who traveled last year and likely a new “post-recession high.”
Labor Day travel from New England is projected to grow by 4.4 percent over 2012, AAA added.
“AAA is forecasting a lift in Labor Day travel this year due to the increasingly positive economic outlook and optimism in the housing market,” Lloyd P. Albert, a senior vice president of AAA Southern New England, said in a statement. “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.”
AAA defines this year’s Labor Day holiday travel period as running from Thursday Aug. 29 to Monday Sept 2.
The average traveler is expected to travel a round-trip distance of 594 miles and spend $804, according to AAA.