AAA Projects Memorial Day Travelers to Stay Closer to Home

May 15, 2012 Updated May 15, 2012 at 11:35 AM EDT

...

AAA Projects Memorial Day Travelers to Stay Closer to Home

May 15, 2012 Updated May 15, 2012 at 11:35 AM EDT

Washington D.C. (AAA news release) -- In a news release issued Tuesday, AAA projects 34.8 million Americans will travel 50 miles or more from home during the Memorial Day holiday weekend, an increase of 1.2 percent – or 500,000 travelers – from the 34.3 million people who traveled one year ago. The Memorial Day holiday travel period is defined as Thursday, May 24 to Monday, May 28.

“The overall domestic economic picture continues to improve slightly, however, American consumers faced a new challenge this year as steadily increasing gas prices throughout the spring significantly squeezed many household budgets,” said AAA President and CEO Robert L. Darbelnet. “Americans will still travel during the Memorial Day holiday weekend but, many will compensate for reduced travel budgets by staying closer to home and cutting entertainment dollars.” 

Read the entire release from AAA HERE.