Paying less at the pump should mean more for retailers this holiday season.
According to a new survey of consumers by the National Association of Convenience Stores, 42 percent of all regular Black Friday shoppers expect to spend more on Christmas gifts this year, because they won’t have to spend as much on gas.
Across the metro-east, per-gallon prices at many gas stations have recently dropped below $2 a gallon for regular unleaded fuel.
One in four U.S. consumers polled — 25 percent — expect to shop more this holiday season than they did a year ago, while 96 percent said they expect to buy as much, if not more.
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-Will Buss, BND business writer