Researchers at New York brokerage Convergex believe they know where Americans spent their savings at the pump—on more gas. Looking at one period, Convergex found that Americans drove 3.9 percent more in March 2015 than in March 2014....
As for a future economic bump from lower gas prices, New York Fed researchers Jan Groen and Patrick Russo said the biggest impact is probably in the rearview mirror.CNBC NetNet
Why lower gas prices really haven't helped much
Jeff Cox
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