Americans Defy Inflation Fears As Holiday Weekend Travel Hits Record High
HuffPost
The TSA screened a high of 2.9 million passengers Friday, with Memorial Day weekend travel signaling a busy summer season ahead.
Air travel is consistently exceeding pre-pandemic levels, as record numbers of people using U.S. airports during Memorial Day weekend signaled a busy summer travel season ahead.
The Transportation Security Administration said it screened more than 2.9 million travelers at airports across the country on May 24, breaking the previous record set in November during the Thanksgiving holiday rush. May 23 was the third busiest day on record, per the TSA, with just under 2.9 million travelers.
“TSA Officers have set a new record for most travelers screened in a single day!” the agency said on X, formerly Twitter.
Five of the TSA’s 10 busiest-ever travel days have been recorded since the start of this month, according to a graphic tweeted by the agency, emphasizing how stubborn inflation and extreme weather have not kept people from their vacation plans.
While inflation has fallen to 3.4%, the cost of living remains high after the measure took months to tick down from a post-pandemic high of 9.1%. The Federal Reserve is also holding off cutting interest rates amid fears that inflation has not cooled sufficiently, keeping the cost of borrowing high for most Americans.