- 24 Aug
AAA predicts 2.9% increase in travelers this Labor Day
According to the AAA/IHS Global Insight 2012 Labor Day Holiday Travel Forecast, there will be 2.9% more people traveling 50 miles or more from home during the Labor Day weekend this year than last year. The Labor Day holiday is defined as Thursday, August 30 to Monday, September 3. This is a new post-recession high number of travelers, according to AAA.
From a fuel price optimization strategy perspective, it is important to make note of this prediction and possibly project more fuel volumes this next holiday weekend compared to previous years.