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