High fuel prices to curb U.S. holiday travel

AAA says number of travelers this Memorial Day weekend to shrink

NEW YORK – The number of people traveling this Memorial Day weekend will rise by the smallest amount in four years as a 34 percent rise in gasoline pump prices takes a toll on pocket books, AAA said on Thursday.

About 37.6 million Americans are expected to travel 50 miles or more from home during the holiday at the end of May, up 0.9 percent from a year ago. Of that total, motorists are expected to account for 31.4 million, a 0.7 percent increase from last year.