July 4th Holiday Travel to Hit All-Time Record, as More Than 44 Million People Leave Home

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By Douglas A. McIntyre Updated Published
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July 4th Holiday Travel to Hit All-Time Record, as More Than 44 Million People Leave Home

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According to AAA, travel over the July 4 holiday will hit an all-time record. The association said that 44.2 million Americans will travel more than 50 miles from their homes. The period encompasses June 30 to July 4. The holiday falls on a Tuesday this year.

Bill Sutherland, senior vice president, AAA Travel and Publishing, commented:

Combined, strong employment, rising incomes and higher consumer confidence bode well for the travel industry, in particular this Independence Day weekend. A historic 44.2 million Americans will travel to celebrate our nation’s freedom this year, adding to an already bustling summer travel season.

The travel number will rise 1.25 million from 2016. Much of the increase probably will be driven by gasoline prices, which are at their lowest level in months. The average price for a gallon of regular nationwide is down to $2.28. In several states it is below $2.05. The AAA reports that these prices could take a minor uptick on the weekend as demand spikes.

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The great majority of travel will be by auto. The AAA forecasts 37.5 million people will drive over 50 miles during the weekend. The association also forecasts that 3.44 million people will fly. Like consumers, airlines have enjoyed the low cost of fuel.

One part of the country travelers may want to avoid is the southwest, where temperatures have run well above 100 degrees. In Phoenix, the city with the most days during which the heat tops 90 degrees Fahrenheit, the thermometer has hit 120 degrees.

According to 24/7 Wall St. study “The 50 Hottest Cities in America,” temperatures are also likely to be very high in Del Rio, Brownsville, Waco, Corpus Christi, Austin and San Angelo. All these Texas cities have over 100 days during which temperatures are over 90 degrees.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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