JPMorgan Chase Institute used a customer sample of 25 million debit or credit card account holders to analyze the spending geographically. A pool of one million debit card holders who don't hold a gas station-specific card, and who live in a zip code with more than 140 individuals in the sample, were considered in analyzing gas and non-gas spending patterns.
Consumers Already Spent Most Savings From Cheap Gas Pump Prices
October 8, 2015
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