My Virginia Consumer Sentiment and Price Expectations Report came out on Tuesday (originally we planned on Monday, but Trump came to the area, and I would definitely lose a media battle with him!)
Given the low gas prices, we added some questions regarding uses of the savings at the pump. Eighty-seven percent of respondents report savings, but only a third plan to spend that money. The graphic below shows the top four areas those respondents plan to spend their money:
You can read the full report
here and listen to my brief interview with WFIR
here.
Here is to better sentiment,
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