AAA: Most Labor Day travelers in seven years, lowest fuel prices in 10

By Tyson Fisher, Land Line staff writer | 9/4/2015

An improving economy and low fuel prices mean more travelers during holiday weekends. This Labor Day weekend, 35.5 million Americans will travel 50 miles or more, the most for Labor Day weekend since 2008, according to AAA Travel. A 1 percent increase from last year, 2015 marks the fourth consecutive year of travel growth for the Labor Day holiday weekend.

Of the 35.5 million travelers, 85.8 percent will hit the pavement with a road trip, a 1.1 percent increase from last year. More than 7 percent will fly (a 1 percent increase) and nearly 7 percent will use other modes of transportation such as train, bus or ship.

Gas and diesel prices are at their lowest during Labor Day weekend since 2004. Tumbling oil prices in the stock market has led to fuel prices consistently declining for more than two weeks. A look at the U.S. Energy Information Administration’s stats reveals similar numbers. According to EIA, Labor Day in 2004 recorded gas prices at $1.827 and diesel at $1.871

Copyright © OOIDA