28 May '11, 4am

Green: In Memorial Day Forays, an Economic Snapshot

In Memorial Day Forays, an Economic Snapshot By CLIFFORD KRAUSS Associated Press Prices at a gas station in Streetsboro, Ohio. Are you going away this Memorial Day weekend, and how far are you going to drive? A lot of economists would like to know. The answers, when gathered for the entire population, will tell them a lot about where the nation’s economy is going. Most energy experts expect about as much driving as during last year’s Memorial Day weekend, the opening of the summer driving season, or perhaps a bit less. The average price for a gallon of regular nationwide is more than a dollar higher than a year ago, although it has slid about 6 cents over the last month, according to AAA’s Daily Fuel Gauge Report . Higher gasoline prices usually mean that drivers are less eager to take a spin. MasterCard Spending Pulse , which estimates national spending patterns, has foun...

Full article: http://green.blogs.nytimes.com/2011/05/26/in-memorial-day...

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In Memorial Day Forays, an Economic Snapshot: I...

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