November 15, 2016 8:04 AM EST

More than 48.7 million Americans are expected to travel this Thanksgiving, a number that would surpass the travel levels of the past nine years.

A new forecast by AAA predicted that Thanksgiving, which is among the most popular travel periods every year, will this year prove to be the busiest since 2007, the year before the Great Recession, the Associated Press reported.

AAA expects that 43.5 million Americans will travel at least 50 miles from home between Wednesday, Nov. 23 and Sunday Nov. 27—a 1.9% increase compared to 2015. The organization also predicted that 3.7 million Americans will travel by air, a 1.6% increase from last year.

The forecast—which was conducted in mid-October, before the presidential election—factored in jobs, household net worth, the stock market and airline and gas prices.

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