Domestic Travel Trends for US Labor Day Weekend

SOURCE www.bnnbloomberg.ca
Domestic travel bookings for US Labor Day weekend are up 9% from last year, indicating a positive trend in summer fuel demand with gasoline prices lower than last year.

Key Points

  • Domestic travel bookings for US Labor Day weekend have increased by 9% compared to last year.
  • Summer fuel demand in the US is expected to be strong, with record travel numbers over recent holidays.
  • Retail gasoline prices for Labor Day weekend are forecasted to be lower than last year.

Pros

  • Increased domestic travel bookings indicate a positive trend in summer fuel demand.
  • Lower pump prices for gasoline are supporting the growth in travel.