Know The Difference Minute

In a AAA survey, 42% said they wouldn't consider changing their travel plans regardless of what it costs to fill up.

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Not the road trip!
Welcome to the Know the Difference Minute for Tuesday, May 10th.
We’re itching to travel. In a AAA survey, 52% of Americans were planning to take a vacation this summer. As airline schedules are trimmed and fares increase, the fallback was packing up the Family Truckster.
That’s until gas prices started to rise. $3.25. $3.50. Crossing the $4 mark…so today’s AAA announcement of the new national average of $4.37 a gallon is just salt in the wound. Gas prices are up 17 cents in the past week alone.
With 4-50 gas on the horizon, is the great summer driving vacation in danger? Hopefully not. In a AAA survey, 42% said they wouldn't consider changing their travel plans regardless of what it costs to fill up.
That’s good news to resorts, restaurants, and attractions that need a solid summer of revenue.
I’m Dave Spano from Annex Wealth Management. That is your Know the Difference Minute.