Inside these posts: MasterCard Advisors

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U.S. gasoline demand drops for 5th straight week

A BP station at the corner of LaSalle Blvd. and Clark Street in Chicago, March 7, 2011. (Heather Charles/Chicago Tribune)

U.S. retail gasoline demand fell last week in all regions of the country as prices rose, MasterCard Advisors’ SpendingPulse report showed Tuesday.

Average gasoline demand dropped 1.2 percent week-over-week, to 9.19 million barrels per day, MasterCard said. Demand dipped 3.6 percent from a year earlier,   the fifth consecutive weekly decline. Get the full story »

MasterCard reports back-to-school uptick

Caution remained the name of the game for U.S. consumers in September, but there was an upswing in spending on back-to-school supplies and less expensive electronics, according to a report by MasterCard Advisors’ SpendingPulse.

Clothing, electronics and online retailers all saw sales gains in September, SpendingPulse said, supporting Wall Street’s view that they got a boost from late back-to-school shopping that pushed sales from August. Get the full story »

U.S. gasoline demand rises in last week

U.S retail gasoline demand on average rose 1.9 percent last week from the previous week, as consumption rebounded from the post Labor day slump, according to the SpendingPulse report released Tuesday by MasterCard Advisors. Get the full story »

Gasoline demand dropped 3% last week

U.S. weekly retail gasoline demand on average fell 3.1 percent, to 9.169 million barrels per day, last week, as the summer driving season draws to a close, according to the SpendingPulse report released Tuesday by MasterCard Advisors. Year-on-year, U.S. gasoline demand rose 0.7 percent, in the week ending Aug. 27, the survey showed. Get the full story »