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Gas prices lift consumer optimism and driving plans
Gas prices and lower fuel costs are boosting consumer optimism and some driving, with 24 percent planning more driving in the next 30 days. Economists say even a temporary price break acts like a tax cut, spurring discretionary spending while long term effects vary.
MENTIONED IN THIS ARTICLE
Jeff Lenard
Alexandria
Association
Dave Swenson
Iowa State University
Swenson
University of Iowa
Luciano de Castro
U.S
de Castro
Andrews
Convenience Store Association
United States
Energy Information Administration
EIA
Jim Larimore
Iowa
Federal Reserve Research
ISU
University of Michigan Transportation Research Institute
Michael Sivak
Brandon Schoettle
National Automobile Dealers Association
Bruce Anderson
Iowa Automobile Dealers Association
GasBuddy
Shell Oil
John Hofmeister
Jennifer Schultz
Marion
North Liberty