Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Prices At The Pump Drop To Lowest Level Since February

FYI: In today's retail sales report for the month of August, only two of the thirteen sectors tracked (Gas Stations and General Merchandise) saw month over month declines in sales. The largest decline was in Gas Stations where sales fell by 0.8%. When it comes to retail sales, if there is a category where sales declines are a good thing, it is at gas stations. That is because any sales decline is typically the result of lower gas prices, which leaves more money in the pockets of consumers for other items.
Sign In or Register to comment.