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Consumer Demand

COVID-19: Here's One Bright Spot In Record March Retail Sales Decline COVID-19: Here's One Bright Spot In Record March Retail Sales Decline
Covid-19: Here's One Bright Spot In Record March Retail Sales Decline Though the novel coronavirus (COVID-19) pandemic has wreaked havoc on retail stores in the entire nation, grocery and beverage store sales skyrocketed to new heights, according to newly released data. While retailers have seen businesses plummet, grocery stores and beverage depots have seen sales increase by more than 25 percent since the outbreak began in early March, according to a new report from the National Retail Federation. According to the U.S. Census Bureau, the overall retail business was down 8.7 percent from February to March, and down 6.2 percent at the same point last year. Th…
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports There is no relief in sight for area motorists at the pump, as the national gas price average has hit its highest point since the summer of 2015, with prices now topping $3 an hour in much of the area. As of this week, national gas prices reached an average of $2.71 per gallon, four cents lower than the high of $2.67 from last year, and prices are only expected to keep rising, according to the latest report from AAA. The price is up 6 cents from a week ago, 18 cents from a month ago and 31 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since …
Highest Gas Prices In Years Expected For Area Motorists Highest Gas Prices In Years Expected For Area Motorists
Highest Gas Prices In Years Expected For Area Motorists Local residents may want to start filling up now, as the region is expected to see some of the highest gas prices in years at the pump this summer, according to reports. As of this week, national gas prices reached an average of $2.66, just one cent lower than the high of $2.67 from last year, and prices are only expected to rise, according to the latest report from AAA. The price is up a cent from a week ago, 13 cents from a month ago and 24 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since 2014. A AAA spokesperson cited “a volatile marke…