The Washington Economics Group

Tony Villamil Widely Quoted in Sun-Sentinel on Gas Price Windfall

The Sun Sentinel interviews Tony Villamil, WEG Founder and Principal, on the South Florida gas price windfall. As gas prices continue to decrease almost every day, Tony Villamil says that “overall [the price declines] are very positive because we as a region are an energy importer.”  Tony also explains that the South Florida economy has been doing better than the rest of the nation and this is additional stimulus. In addition, the lower gas prices could help keep interest rates low, stimulating demand for large purchases. The article also discusses the positive impacts that the savings from the gas price declines have on tourism, the housing market, and other consumer spending, especially in time for the holiday season. Read full article here

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