Wednesday, April 27, 2011

Economy won

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That’s according to AAA New Mexico, whic h conducted the forecast with IHSGlobal Insight. The study projectsd that nearly 2.6 million people will trave in the MountainRegion states, including New which represents a slight increase of 1.2 perceng over last year. Nearlu 2.1 million will drive, 250,000 will fly and 250,000 will take a bus or train. The Mountaij Region is the only regiojn inthe U.S. expected to show a travel increase. It includes Arizona, Colorado, New Mexico, Nevada, Utah and Wyoming. The numbee of Americans nationwide traveling over the holidahy weekend will decreaseby 1.9 percent from with about 37.1 million taking a trip of 50 or mile away from home.
That projectefd decline nationwide is mainly due to the uncertainty abouft the economy as well as the recent rise ingasolin prices, according to AAA. The Mountain Regioh economy is better than other parts of the with a lower than average unemployment rateof 7.6 compared to the national average of 9.3 Average travel spending nationwide per household will be about Mountain Region citizens will most likely spen $1,226 per family. Most of the Mountain Regiojn travelers will drive more than 700 miles during the while the rest of the country will log between 250 and 700 on average.
AAA and IHS Global insight have developed a forecasting model that considerss currenteconomic conditions, past July 4th holidayy travel trends and and the recent assessment of pre-holiday American travelo intentions from a survey of 2,700 American households. The actual travel figure s come from the ongoing travel panel databaseof , which interviews 50,000 American households per mont h to track trip incidence, composition, behavior and spending.

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