According to a National Association of Convenience Stores (NACS) Consumer Fuels survey, consumer optimism has dipped in February, but Jeff Lenard, NACS VP of strategic industry initiatives, said it does not mean consumer spending is poised to suffer. A turbulent stock market compounded by a 9-cent increase in gas prices lowered February consumer economic optimism […]
Tag: consumer optimism
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Good News For Holiday Sales: Low Gas Prices & Consumer Optimism
Low gas prices continue to push consumer optimism to high levels, and this optimism will likely translate into more holiday travel and shopping, according to the December 2017 NACS Consumer Fuels Survey. Low gas prices—which dropped 3 cents per gallon to $2.47—are a big reason for the optimism: 72 percent of drivers say that gas […]