WILL GAS PRICES HURT RETAILING?

摘要

The Consumer Confidence Index fell in March to 63.4 after eight consecutive months of growth and a three-year high of 72 points in February. Not surprisingly, gas prices are getting the lion's share of blame. According to a March 31 article in the St. Louis Post-Dispatch, retail experts are watching to see how much gasoline prices rise and whether the rise will derail the uptick in consumer spending.