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Economic Pulse: Week of 11/24/23

Gasoline prices are down from last summer’s record high

As of this taping, the price of regular gas in the Valley averages around $3.40. The national average gas price is at $3.21 per gallon, well below its record high of $5, established during the second week of June last year. It is also 36 cents or 10% below its level last November price.

Click herefor the latest Lehigh Valley Economic Review.

Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.

(Original air-date: 11/24/23)

Dr. Kamran Afshar has a Ph.D. in Economics and has taught at graduate and under graduate levels between 1978-88. He has vast experience in economic impact studies, feasibility studies, customer satisfaction surveys, and scientific competitive analysis.
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  • Inflation dropped to zero in October! Dr Kamran takes a look at this and more in his synopsis of this week's economic news and trends across the Lehigh Valley and nation.