The National Association of Convenience Stores (NACS) is out with a survey saying that "despite a 10-cent increase in gas prices over the past month, US consumer optimism about the overall state of the U.S. economy remained stable ... Even though many customers noticed the gas price increases, their economic mood remained largely unchanged, increasing one percentage point to 45% optimistic. There were strong regional variations in the latest survey results, with consumers in the West much more likely to be optimistic (49%) compared to consumers in the Northeast (40%). Consumers in the Northeast also were the most likely to say that gas prices will increase over the next 30 days (51% in the Northeast vs. 45% in the rest of the country)."
The survey also revealed that "for the first time since the monthly surveys were launched in January 2013, younger consumers—those ages 18-34—are the least optimistic age group, with 42% expressing optimism about the economy. Also, women have been generally less optimistic about the economy than men, but were slightly more optimistic in September (45% vs. 44%)."
The survey also revealed that "for the first time since the monthly surveys were launched in January 2013, younger consumers—those ages 18-34—are the least optimistic age group, with 42% expressing optimism about the economy. Also, women have been generally less optimistic about the economy than men, but were slightly more optimistic in September (45% vs. 44%)."
- KC's View:
