How is gasoline price volatility impacting consumer sentiment?
Replied byCathie Wood
Founder, CEO & CIO at ARK Invest
Niche: Finance
Revenue: Not Publicly Disclosed/month
Location: St. Petersburg, Florida, United States
Started: 2014
Michigan consumer sentiment recently popped slightly due to a temporary decline in gasoline prices. However, the overall sentiment index remains quite far from historical averages because inflation has forced families to dig into savings.
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