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Released: May 18, 2011
In consumer behavior, signs of gas price pinch
Source: Motoko Rich and Stephanie Clifford, New York Times (Free Registration)
High gasoline prices have not derailed the economic recovery, but that’s small comfort to Loraine Greene. A customer relations manager in the Hudson Valley of New York, Ms. Greene spent the weekend packing up to move to a rental house much closer to work. At $4 a gallon, gas is too expensive to justify the 50-mile round-trip commute.Read Full Article: In consumer behavior, signs of gas price pinch
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