The biggest travel day of the year is upon us. This Thanksgiving, people are traveling like it's 2019

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Holiday Holiday Headlines News

Holiday Holiday Latest News,Holiday Holiday Headlines

Airports and roads may be “jam-packed” this year, according to the American Automobile Association. It estimates that 53.6 million people will travel for the Thanksgiving weekend, reaching 98% of pre-pandemic Thanksgiving travel.

The Transportation Security Administration said it could screen as many as 2.5 million passengers at checkpoints nationwide on Wednesday, Nov. 23, which may even surpass 2.5 million passengers on Sunday, Nov. 27.

“Families and friends are eager to spend time together this Thanksgiving, one of the busiest for travel in the past two decades,” said Paula Twidale, senior vice president, AAA Travel. “Plan ahead and pack your patience, whether you’re driving or flying.” Air travel is up nearly 8% over last year, AAA said, with 4.5 million people flying for their Thanksgiving turkey this year. That’s approximately 330,000 travelers more than 2021, and nearly 99% of the 2019 volume.

Food prices were up 10.9% year over year in October, and the 30-year mortgage rate hovers near 7%, and the stock market has taken a beating, with tech stocks like Meta META, +0.72%, Google GOOG, +1.53% and Microsoft MSFT, +1.04% particularly badly hit. “But it doesn’t feel great when your wages are rising 5% and inflation is 8%,” Rossman said. Savings are slowly being eroded, he added, “but it’s another thing, along with the strong job market, that is supporting spending, at least for now.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in HOLİDAY

Holiday Holiday Latest News, Holiday Holiday Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thanksgiving travel guide: How not to stress during the busiest holiday travel season since 2019The number of Americans expected to travel by air over Thanksgiving is up 8% over last year. Here are some tips to help your travel go smoother.
Source: TucsonStar - 🏆 339. / 59 Read more »

Thanksgiving travel guide: How not to stress during the busiest holiday travel season since 2019The number of Americans expected to travel by air over Thanksgiving is up 8% over last year. Here are some tips to help your travel go smoother.
Source: dothaneagle - 🏆 337. / 59 Read more »