The holiday shopping forecast for the state of Ohio is better than last year’s, according to a study by the University of Cincinnati Economics Center, but the Dayton-area forecast is the worst in the state.
This holiday season Ohio retailers are looking at a 3.5 percent increase in sales compared to 2012. That estimate, produced by the Economics Center for the Ohio retail group “Focus On Ohio’s Future,” lags behind the national forecast of 3.9 percent. And it lags behind the same estimate last year, when Ohio retailers predicted a 4.2 percent increase from 2011.
Dayton ranks third in the U.S. for fluctuations in gas prices, following behind Fort Wayne, IN and Indianapolis, IN. A report by GasBuddy finds that the Midwest in general sees more of these steep price hikes. Dayton recorded a single day average price hike of $0.31.
But it’s not all bad news, according to Greg Laskoski, a petroleum analyst with GasBuddy. For 171 days, the price of gas in Dayton actually decreased by a penny or more per gallon
Ohio motorists are seeing lower gas prices than a week ago.
A gallon of regular gas in Ohio was listed at an average of $3.56 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's 14 cents less than last Monday's average of $3.70.
The national average for regular gas is about $3.63 per gallon, down about 4 cents from a week ago.
The Ohio average is 21 cents lower than at the same time last month, and 28 cents lower than the same time in 2012.