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Plummeting Gas Prices Pump Consumer’s Money Back Into Their Pockets, Boost Other Industry Sectors

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As gas prices have plummeted, consumers are seeing more of their hard earned cash back in their pockets. According to Florida TaxWatch’s February Economic Commentary, Americans will realize savings upwards of $140 billion as a result of tumbling prices at the pump. With the extra money, consumers have improved purchasing power that can be spent in other sectors of the economy.

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