Americans drove less for the sixth month in a row, according to the U.S. Department of Transportation. In the US, we drove 1.4 billion fewer highway miles in April 2008 than April last year and 400 million miles less than we did in March 2008.  This is a decline of almost 20 billion miles traveled this year compared to ‘07!  Data also shows midsize SUV sales were down last month 38 percent over May of last year! 

On the downside… The travel and recreation industry is being hurt worse than the economy as a whole by rising gas prices according to data released by the Bureau of Economic Analysis.  The data shows spending on tourism (adjusted for inflation) decreased at an annual rate of 3.7% in Q1 ‘08.