This gas buying trend indicates financial stress, top industry executives say (opens original article in a new tab)
Industry executives say a trend of topping up gas tanks instead of filling them indicates financial stress among consumers, with lower-income customers cutting back on purchases.
- Consumers are topping up gas tanks more frequently due to concerns about rising prices.
- Walmart and Costco report reduced gas purchases per trip, with Walmart customers buying less than 10 gallons on average.
- Spending behavior shows cutbacks by lower-income customers amid inflation and economic pressures.
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