Weinswig’s Weekly: Elevated Gasoline Prices and the Pressures on Consumer Wallets

What's Inside

Each report in the Weinswig’s Weekly series reflects on a topical theme in retail. We also highlight our key research from the past week and upcoming reports to look out for, so you don’t miss out.

Gasoline prices remain a risk factor for US retail as we head further into the holiday quarter and closer to 2024. Increases in gasoline prices leave less money in consumers’ pockets, causing them to spend less on retail goods.

From the desk of Deborah Weinswig, CEO and Founder of Coresight Research, we discuss the prospects for US gasoline prices and the consumer context for recently increasing gas prices.

Other relevant research:

• The monthly Coresight Research Leading Indicators of US Retail Sales series tracks several major macroeconomic indicators and their likely effect on US retail sales.
• Our weekly US Consumer Survey Insights series takes a regular temperature check on US consumers’ behaviors and sentiment, based on exclusive proprietary survey data.
• Read previous Weinswig’s Weekly reports, including last week’s, which discusses three retail-related trends about the US return to office that you may have missed.