What are your plans for Thanksgiving?
More than a quarter expect to be enjoying turkey and pumpkin pie with 20 or more family members. Fifteen percent are planning for a small family affair, hosting one to five relatives for dinner.
Overall, the average Thanksgiving party will host 12 relatives this year.
AAA projects 44 million Americans will travel 50 miles or more from home during the Thanksgiving holiday weekend, an increase of nearly 1 percent over the 43 million people who traveled last year. This increase marks the fourth year of growing holiday travelers since 2008 when Thanksgiving travel fell by 25 percent.
Ninety percent of travelers or 39 million plan to travel by automobile, an increase of nearly 1 percent. Holiday air travel will decline to 3.14 million travelers from 3.2 million in 2011.
Median spending is expected to drop 10 percent to $498, compared to $554 last year.
Average distance traveled will decline to 588 miles from 706 miles, due in part to a decrease in the number of air travelers and Americans desire to economize budgets.
“Thanksgiving travel hit a decade low in 2008 when only 37.8 million Americans traveled,” AAA President and CEO Robert Darbelnet said in a statement. “Since that year, we have seen a steady increase in the number of travelers taking to the roads and skies for the holiday. Americans continue to find ways to economize their budgets so they can gather around the holiday table to carve the turkey.”
Up to 147 million people plan to shop Black Friday weekend,
a slight decrease from the 152 million who planned to do it last year,
according to a National Retail Federation survey. About 71 million said they’d
shop and another 76 million said they would wait and see what retailers have
in-store that weekend.
To stay up-to-date on sales throughout the holiday season, half of shoppers will use advertising circulars and three in 10 say they’ll use TV advertisements. The number of Americans who prefer to see advertisements digitally is increasing; 27 percent will follow retailers’ websites and 31 percent will track emails from retailers.
Whatever your plans, best wishes to you all for a great Thanksgiving celebration.