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More Americans Will Travel This Independence Day

Vacationers driving to their destinations will exceed 36 million people.

Tags: Consumers

June 28, 2016

​ORLANDO, Fla. – Nearly 43 million Americans will travel this Independence Day weekend, predicts AAA. This represents the highest Fourth of July travel volume on record and five million more travelers compared to Memorial Day weekend. The Independence Day holiday travel period runs Thursday, June 30 to Monday, July 4.

“Spurred by the lowest gas prices since 2005, more people than ever are planning to travel this Independence Day weekend,” said Marshall Doney, AAA president and CEO, in a press release. U.S. drivers have saved about $20 billion on gasoline so far this year compared to the same period in 2015, which has made travel more affordable than in recent years. A more confident consumer and rising economic activity also are offsetting a cooling labor market to help boost holiday travel.

“We are well on our way for 2016 to be a record-breaking year for summertime travel,” Doney said. “This trend is welcome news for the travel industry and a sign that Americans are taking to our nation’s highways and skies like never before.”

Eighty-four percent of holiday travelers—more than 36 million people—will drive to their Independence Day destinations, an increase of 1.2% over last year. Low gas prices are motivating millions of Americans to travel this Independence Day. Despite recent seasonal increases, gasoline prices remain well below recent years. The national average price for a gallon of gasoline is $2.31, which is 47 cents less than one year ago. AAA expects most U.S. drivers will pay the lowest Independence Day gas prices since 2005.