Airline Fuel Savings Give Big Lift To Investors |
January 23, 2016 | January 2016 Bond Updates |
How did you spend your $700? That’s how much the average American driver saved at the pump in 2015, according to a report from J.P. Morgan Chase. The bank also found that the savings fueled consumer spending on non-gas related purchases, which, based on credit and debit card transactions, were higher than previously thought. For every dollar saved, Americans spent roughly $0.80 on other things—restaurant visits, appliances, new gadgets and more. |
View more at: http://www.forbes.com/sites/greatspeculations/2016/01/22/airline-fuel-savings-give-big-lift-to-investors/ |
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