US gasoline retail demand down 3.6% from year ago

摘要

New York—Motorists in the US pumped 62.834 million barrels of gasoline in the survey week ended May 11, down 3.6% from the year-ago period, MasterCard Advisors said May 15 in releasing its weekly SpendingPulse survey. The decline was less than the prior survey week’s 5.8% fall. “While consumption remains sluggish compared to year ago levels, this week’s year-over-year decline was noticeably smaller than those of the past five weeks, and the smallest since the second week of January,” except for two weeks in late March and early April, where the low decline was due to the timing of the Easter holiday, said MasterCard Advisors analyst John Gamel.