It’s a season of pain at the pump, no matter what type of fuel you’re pumping. As The Wall Street Journal (WSJ) noted in a report Thursday (Sept. 14), the cost of diesel, jet and marine fuels have all jumped to 10-month highs, stretching company budgets across...
Walmart has teamed with Exxon-Mobil to give Labor Day travelers some relief at the pump. The retailer announced Tuesday that Walmart+ members can receive double the discount they normally receive at Exxon and Mobil stations — from 10 cents off every gallon to 20 cents off — between now...
The affects of inflation may be felt by everyone, but new research shows that the depth of the impact varies widely, particularly for those living in rural areas who are feeling the burden of historic cost-of-living increases far more than their urban counterparts. Delving into...
At first glance, a 25% drop in gas prices should have spurred a bit more of a rebound in consumer spending. And if that wasn’t enough to boost consumer spending and sentiment that leads to sustained spending — the question remains, what will? For the...
November 17, 2022
The affects of inflation may be felt by everyone, but new research shows that the depth of the impact varies widely, particularly for those living in rural areas who are feeling the burden of historic cost-of-living increases far more than their urban counterparts. Delving into the PYMNTS study “Consumer Inflation Sentiment: Inflation’s Long Consumer Spending […]
August 09, 2018
America, it has often been said, is a car culture. Perhaps because the first consumer automobiles rolled off Henry Ford’s assembly lines. Perhaps because, in 1956, the federal government under...
June 15, 2018
With about 220 million drivers on the road, gas is a commodity that nearly everybody needs. The average American fills up their gas tank three to four times per month,...
May 14, 2018
The world of driving, we’re told often in headlines, is undergoing a major sea change. Consumers – particularly millennials – are driving less and buying fewer cars; the age of the internal...
May 13, 2024
Americans are projected to take a record number of road trips this Memorial Day weekend. It’s part of an overall uptick in early summer travel forecast by the American Automobile Association (AAA) in new data released Monday (May 13). “We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” Paula Twidale, senior vice president of AAA […]
September 14, 2023
It’s a season of pain at the pump, no matter what type of fuel you’re pumping. As The Wall Street Journal (WSJ) noted in a report Thursday (Sept. 14), the cost of...
August 15, 2023
Walmart has teamed with Exxon-Mobil to give Labor Day travelers some relief at the pump. The retailer announced Tuesday that Walmart+ members can receive double the discount they normally receive at Exxon and Mobil...
June 12, 2022
The consumer sentiment for June is worsening, according to the monthly Survey of Consumers by the University of Michigan, with the index sitting at 50.2, the lowest ever recorded, a...