Reported 12 months ago
Despite high fuel costs and the threat of a hurricane, Americans are expected to break travel records for the Fourth of July holiday. AAA predicts nearly 71 million travelers, with 60 million driving, 6 million flying, and 4.6 million taking other modes of transportation. This surge in travel is being compared to pre-pandemic levels and is seen as a strong indicator of consumer sentiment for central bank officials and policymakers.
Source: YAHOO