Tuesday, July 5, 2011

AAA: Fewer people will hit the road for July 4th holiday - Baltimore Business Journal:

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percent. The automotive association expects 37.1 million people to travelp 50 miles or more from home over theholida weekend. That’s 700,000 less people from the 37.8 milliomn people who hit the road during the same periodlast year. AAA said the holiday is typically the busiestr time of the year for auto since nearlyall school-aged children are out of Another factor in the projected declinew could be the gradual spiks in gasoline prices. During the last month, the average pric e for a gallon of regular gas in Baltimore jumpecd 23 centsto $2.59, accordinb to AAA’s Daily Fuel Gauge Report. AAA does expect air travel to increaseby 4.
9 percent during the July 4 holiday due to declining airfares. There’s also a pent-upo demand for those who haven’t taken a vacation by air in some AAA said. will release travel projections for MarylanrdJune 29.

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