(Bloomberg) -- Americans will take to the roads in record numbers over the July 4 Independence Day holiday as the improving job market and lower fuel prices spur more people to splurge on getaways, a forecast by AAA shows.
About 35.5 million people will drive 50 miles or more from home during the five days ending July 5, up from 35.3 million last year and the most since at least 2000, the Heathrow, Florida-based motoring club said by e-mail on Thursday. A total of 41.9 million Americans will travel using all modes of transportation, the most since 2007.
The rise in driving is a testament to the improving U.S. economy, which has added more than 3 million jobs in the past year. Americans have driven a record 987.8 billion miles in the first four months of 2015, and they’ll be filling up on the cheapest July 4 gasoline in five years thanks to crude flowing out of U.S. shale formations and flooding the oil market.
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