Economic optimism held steady in October, with 46% of gas consumers saying that they were optimistic about the economy, according to the latest NACS Consumer Fuels Survey. A majority of consumers ages 18-34 (53%) say that they are optimistic about the economy.
According to the study, "While optimism remained essentially unchanged from 47% in September, it is significantly higher than a year ago when concerns over the government shutdown sent optimism plummeting to 35%, the lowest level recorded since January 2013."
One of the major reasons for high optimism, the study says, is falling gas prices.
According to the study, "While optimism remained essentially unchanged from 47% in September, it is significantly higher than a year ago when concerns over the government shutdown sent optimism plummeting to 35%, the lowest level recorded since January 2013."
One of the major reasons for high optimism, the study says, is falling gas prices.
- KC's View:
- Am I the only one who thinks that falling gas prices are largely illusory, and that the oil companies are playing us all for long-term suckers?
