Wednesday, November 23, 2011

Thanksgiving Travel - Despite the Cost, 11% More Likely to Travel Up from Last Year



Despite the cost and the bad economy, approximately 42.5 Million people are expected to travel for Thanksgiving according to AAA, and 4% of Thanksgiving holiday travelers will do so by air, up from last year.

They say more people are willing to spend this year. Really? I find that hard to believe. With how bad the economy my guess is any money spent in gas and airfare will be offset in the retail industry by people trimming their holiday shopping budget and saving money there. Whether the stock market likes it or not, people are still focused on keeping every available dollar in their pockets!

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