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Economy

“Labor Day Travel Seen Climbing 9% After Record US Summer”

“Bookings for domestic travel over the US Labor Day weekend are up 9% from last year, according to motor club AAA.

While the estimate only includes travel booked through AAA, the data adds to a sanguine picture for summer fuel demand in the US. Domestic travel was forecast to reach a record over the July 4 holiday week, and seen at a 20-year high for the Memorial Day weekend before that…”

https://www.bnnbloomberg.ca/investing/2024/08/19/labor-day-travel-seen-climbing-9-after-record-us-summer

Given how bad the economy is right now I don’t think this is as good as it sounds. It could be the record is set because of people who would be traveling abroad but because of this horrible economy they’re cutting back. There’s way to many people complaining about groceries for me to believe those people are going on road trips

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