Cheaper gasoline may translate to a boost in holiday spending
For every 1 cent drop in gas prices, Americans save about $3.7 million.
View ArticleAAA: Consumers now saving $100 per month on gasoline
Gasoline prices averaged $2.60 per gallon Friday -- the lowest level since Dec. 27, 2009.
View ArticleMoody’s: Gasoline savings turning into extra holiday spending in U.S.
The decline has been a modest tailwind for consumer spending this year and provided a bigger boost to household savings.
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