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| MoneyThursday, May 15, 2008 3:28 PM CDT |
Fewer Memorial Day travelers expected for first time in years
BLOOMINGTON -- Fewer Americans expect to travel for the upcoming Memorial Day weekend, the first holiday travel decrease in five years. | Find the best gas prices in the area | Contest: When will gas hit $4 in Central Illinois? | Wednesday's jump at Twin City pumps About 37.87 million Americans will travel 50 miles or more from home this holiday, a decrease of nearly 360,000 travelers, or .9 percent, from last year’s total of 38.23 million, according to a AAA-Chicago report released Thursday. The numbers represent the first decrease since 2002. “People are opting to do things closer to home,” said spokeswoman Nicole Niemi. Record gas prices likely were the determining factor for families who chose not to travel this year, Niemi said. The most recent spikes — typically to as high as $3.96 in the Twin Cities — within the past two weeks would not have impacted people’s travel plans, but the fact that fuel prices have sustained their higher-than-usual level since the start of the year has made a difference, she said. “It’s been building. … People anticipated they would be higher and changed some plans,” Niemi said. Nearly 31.7 million Americans expect to travel by automobile, a 1 percent decrease from about 32 million people who drove a year ago, AAA reported. Almost 4.35 million intend to fly, down from 4.37 million last year. About 1.8 million intend to travel by train, bus or other mode of transportation, compared to 1.9 million a year ago. In Illinois, more than 1.5 million people will travel for the holiday weekend. Of those, nearly 1.2 million will drive and 186,500 will fly. The rest will take some other mode of transportation. This story will be updated. |
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