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Americans are feeling a little better about the economy as gas prices ease
By CNN Newsource at KVIA ABC-7
· June 26, 2026
· 2 min read
By Elisabeth Buchwald, Lucy Bayly, CNN
(CNN) — After months of souring views driven in part by a surge in gas prices, Americans are feeling more and more optimistic about the economy, according to new data released Friday.
Consumer sentiment rose this month from an earlier reading of 48.9 to ...
Key takeaway Consumer sentiment rose this month from an earlier reading of 48.
Why this matters in The El Paso
In El Paso , the easing of gas prices will likely have a noticeable impact on local households, many of which rely on commuting to work or school. With the city's sprawling geography and limited public transportation options, residents often have to drive long distances, making them more vulnerable to fluctuations in gas prices. As consumer sentiment begins to rebound, El Pasoans may start to feel more confident in their financial stability, potentially leading to increased spending at local businesses. However, the ongoing concerns about high prices and their effects on personal finances, as noted by the University of Michigan surveys director, suggest that many residents will remain cautious in their economic outlook. As the local economy continues to navigate these national trends, it will be worth watching how El Paso's retail and service sectors respond to the shifting consumer mood.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: library ·
Published: June 26, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 2 min
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What is this story about? By Elisabeth Buchwald, Lucy Bayly, CNN
(CNN) — After months of souring views driven in part by a surge in gas prices, Americans are feeling more and more optimistic about the economy, according to new data released Friday.
Consumer sentiment rose this month from an earlier reading of 48.9 to ...
When was this published? This article was first published on June 26, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more library coverage from The El Paso, or browse our daily briefing and topic hubs .
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