Investment banks are expressing confidence in the strength of U.S. retail fuel margins this year. According to analysts at Raymond James, the average gross rack-to-retail margin in the U.S. was 37 cents per gallon (cts/gal) in January, based on data from OPIS. Although this is a slight decrease from December's 42 cts/gal, the drop is primarily attributed to recent wholesale … [Read more...] about Investment Banks Remain Optimistic About U.S. Retail Fuel Margins in 2024
Economic Trends
Makers of Discretionary Consumer Goods Poised for Success
Retail sales experienced a notable increase of 3.2% in July compared to the previous year, surpassing June's growth rate of 1.2%. This surge indicates a positive trend in consumer spending, defying the Federal Reserve's efforts to curb demand for goods and services. Economists believe this trend will continue as the Federal Reserve nears the end of its endeavor to combat … [Read more...] about Makers of Discretionary Consumer Goods Poised for Success
