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Economy's gasoline bonus finally being put to use

A customer prepares to pump gasoline at a Chevron gas station in San Rafael, Calif.
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Americans are finally aware they have more money in their pockets from cheaper gasoline prices, and they are putting it to use at a faster pace.

The most recent CNBC All-America Economic Survey shows a major shift in attitude among consumers in just three months. Conducted March 26 to 29, the study found that 56 percent of those surveyed were aware of the savings and were using them mostly to pay off debt or spend on other things. Forty-two percent said they were not saving more, spending more or even driving more with their gas savings. Two percent were unsure.

This is a big change from December, when 61 percent of the respondents said there were not doing anything with the savings. But after three more months of low gas prices, that has changed.