|AAA: More expected to travel by car this Thanksgiving weekend|
By Ira Kantor/ BostonHerald.com
Wednesday, November 14, 2012
A whopping 43.6 million Americans are projected to travel 50 miles or more from home during the Thanksgiving holiday weekend, a 0.7 percent increase from last year and the fourth consecutive annual uptick, according to AAA Southern New England.
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While holiday air travel is expected to decline to 3.14 million travelers this year from 3.2 million last year, 39.1 million will travel by automobile, an increase of 0.6 percent, AAA said.
Median spending is expected to drop 10 percent to $498, compared to $554 last year as Americans continue to prioritize travel while finding ways to economize, AAA said, adding the average distance traveled will drop to 588 miles from 706 miles, due in part to a decrease in the number of air travelers and Americans’ desire to economize budgets.
The Thanksgiving holiday travel period is defined as Wednesday, Nov. 21, to Sunday, Nov. 25. AAA said its projections are based on economic forecasting and research by Colorado-based business information provider IHS Global Insight.