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Transcripts for CNN Early Start With John Berman and Christine Romans 20150401 08:58:00

january, surged close to 6% in february fell in march. swings have become the norm and that could continue. the fed s looming interest rate hike. cheap gas saving you hundreds of dollars. the average price for a gallon of regular, $2.41 today. that s more than $1 cheaper than this time last year. the white house forecasts that the typical household is going to save about 750 bucks at the pump this year. but what are you doing with that? americans aren t spending it they re pocketing it. that s a big disappointment to businesses expecting a boost from cheap fuel. but, you know for your personal economy, paying down high-interest credit card debt and saving your gas savings, probably a pretty good idea. here s where are people are spending money, on prom. according to a new survey the average price tag for prom is $919 this year. why are you giggling? because i think we should go to the prom. the news prom. this includes the cost of tickets, clothes, limos,

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