The spin was immediate:
The drop in gas prices has already raised retailers’ hopes for a stronger shopping season, since less spending at the pump gives consumers more to spend on everything from restaurant meals to clothing and haircuts. Great... just ignore the terrible Thanksgiving weekend spending numbers, traditionally the strongest for spending 4-day period of the year, which this year just happened to be the worst since Lehman. And yes, plunging gas prices were already clearly demonstrated at gas stations in the weeks and months heading into the end of November.
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