Happy Holidays! It's the most wonderful time of the year - well, at least if you're making a living selling gasoline.
The Memorial Day holiday weekend marks the beginning of the summer driving season, when vacationing Americans begin taking to the road and guzzling more gas.
This holiday, along with Thanksgiving, also serves as a good economic measure of people's disposable income. We tend to travel more when we have more money in the bank.
But this year it doesn't look like we'll see a big jump in holiday travel.
According to national travel firm AAA, 34.8 million Americans will travel more than 50 miles this weekend. That's a 0.9 percent decrease from the 35.1 million holiday travelers who hit the road in 2012.
"AAA is forecasting Memorial Day travel to be slightly lower this year due to an up-and-down economy, the impact of the end of the payroll tax holiday on working families and a 30-year low in the percentage of working age people in the workforce," AAA president Robert Darbelnet said when announcing the forecast results.
AAA projects median spending on holiday travel will decline 6 percent to $659 this year, compared to $702 last year.
However, it doesn't mean you'll see fewer cars on the road this weekend. In fact, the number of people driving is projected to edge up slightly.
That's because AAA expects fewer people to fly to their destinations.
About 2.3 million people are expected to board a plane this weekend, a drop of 8 percent from the 2.5 million who flew last year.