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by SixFigureStart | November 19, 2009

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Next week, 38.4 million of us are expected to go “over the hills and through the woods”—or at least to travel by car to a Turkey Day destination. That’s just a slight 1.4 percent uptick from last year. Back then, gas prices were much lower, having fallen off from a high of $4.10 a gallon in the summer of 2008 to around $1.80 by the time Thanksgiving rolled around. But nerves were perhaps also more frayed then, too, as we watched the banking system continue to teeter.

This year, the national average price of gas is about $2.70 a gallon, so we will have to spend more to get to grandfather’s house. Pair that with a continuing climb in the number of people unemployed, and you’d actually think the number of travelers would be even lower. [Read more]

--Posted by Laura Rich, RecessionWire.com

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