The JPMorgan Chase Institute analyzed data from 57 million anonymized Chase debit and credit card customers to find out who’s most impacted by the declining cost of gas and how spending patterns have changed as a result of lower gas prices.
This data illuminated the effects that falling gas prices had on consumers across the US and uncovered several significant findings, including:
Our Head Economist, Jim Glassman, explores the real reasons why the economic recovery has appeared so slow—and why it's here to stay.View video about How Durable Is the Recovery?
Official GDP estimates may be weak, but the economy shows real strength. Is GDP still a credible measure of economic health?Read article about Time to Dump GDP?
While consumers may be benefiting from low oil prices, that hasn't yet trickled down to businesses—but it very likely will. Find out when we can expect to feel the positive effects of low energy costs.View video about When Will We See the Benefit of Low Oil Prices?
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