Chris McCarty Reaction Quotations

Consumers are certainly beginning to curtail their spending in reaction to the rise in gasoline.

Although employment levels remain high, particularly here in Florida, consumers are being squeezed by high energy prices and high levels of debt. Consumers are certainly beginning to curtail their spending in reaction to the rise in gasoline.

Increasingly, consumer confidence seems to be driven by the price of gasoline. The rise in confidence last month appears to have been a lagged reaction to lower gas prices in February. But we have more than made up for those drops in the last two months, and gas prices are headed upward as the summer traveling season approaches.