This morning’s Research Brief suggests that while consumers are bothered by rising fuel prices, they plan to forge ahead with summer vacation plans. Click here to read the brief for yourself.
Implications: With falling crude oil prices lately, we’re all hoping that the price at the pump will fall soon, too. But only 39% of survey participants said their vacation plans will be altered if gas prices stay high.
That begs the question… where will the money that people spend on gasoline come from?
Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.