business
Survey shows gas-price pain rising even as economic confidence stabilizes
By Daniel Miller at FOX 9 KMSP (FOX)
· June 25, 2026
· 1 min read
Rising gas prices are dealing a major hit to household budgets, with most Americans admitting that high gas prices are severely squeezing their finances, according to a new poll.
Why this matters in The Minneapolis
For Minneapolis residents, the surge in gas prices poses a particular challenge, given the city's layout and commuting patterns. Many workers rely on their vehicles to travel to jobs in the suburbs or other parts of the Twin Cities, making them vulnerable to fluctuations in fuel costs. As household budgets tighten, local businesses may feel the ripple effects, with consumers potentially cutting back on discretionary spending at restaurants, shops, and entertainment venues. This could have a disproportionate impact on small, independent businesses that are already struggling to recover from previous economic disruptions. As a result, city leaders may need to consider measures to support these businesses and mitigate the impact of rising gas prices on Minneapolis residents, such as investing in alternative transportation options or promoting local economic development initiatives.
About this story
Original reporting by FOX 9 KMSP (FOX) . The Minneapolis 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 FOX 9 KMSP (FOX) . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: June 25, 2026 ·
Source: FOX 9 KMSP (FOX) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Rising gas prices are dealing a major hit to household budgets, with most Americans admitting that high gas prices are severely squeezing their finances, according to a new poll.
When was this published? This article was first published on June 25, 2026 by FOX 9 KMSP (FOX) and curated for The Minneapolis readers.
Who reported this story? This story was reported by Daniel Miller at FOX 9 KMSP (FOX). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Minneapolis, or browse our daily briefing and topic hubs .
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