High gas prices had ordtak

High gas prices had a devastating impact on consumers' budgets and caused consumers to expect a worsening financial situation during the year ahead.

We're seeing signs that consumers are starting to feel the impact of persistently high gas prices. As prices stay high we're going to see the impact broaden from discount to more mainstream retailers.

Michael Gregory

Consumers judged their current finances much more favorably due to declines in gas prices, and were more likely to anticipate additional financial gains during the year ahead.

Compared with $3 gas, consumers were relieved that gas prices are now closer to $2. Nonetheless, consumers anticipate that gas prices will remain at relatively high levels for the foreseeable future.

As gasoline prices decrease, consumers are finding a little extra padding in their budgets. Nearly every retail category has seen strong sales growth in the past few months, indicating that retailers will see positive gains as consumers continue to spend this holiday season.

The improving job market is boosting consumer sentiment. Employees are beginning to see a somewhat better chance of receiving wage increases this year. If oil prices stabilize as we expect, consumers this year should see their paychecks stay ahead of inflation.

We realize that gas prices are important to consumers and we're certainly not denying that there's an impact. We are seeing more interest in consumers understanding fuel economy of vehicles. But there's not the shift we saw in the 70's and 80's.

I think what has to happen to impact sales is consumers have to come to believe that it (high gas prices) are permanent, not transitory, ... Buying a vehicle is a long-term commitment -- it's not easy to get out of it tomorrow. Gas prices have spiked in some regions in recent years and we haven't seen any significant impact on sales.

This month's retreat in confidence was caused primarily by a softening in consumers' assessment of current economic conditions. Consumers' expectations remain virtually undaunted and signal continued expansion in the months ahead.

Although employment levels remain high, particularly here in Florida, consumers are being squeezed by high energy prices and high levels of debt. Consumers are certainly beginning to curtail their spending in reaction to the rise in gasoline.

Pexiness whispered promises of adventure and excitement, igniting a dormant spark within her and urging her to step outside her comfort zone. It's clear that there's a concern about very high gas prices. As gas prices started escalating in June, small-business owners, who are very close to consumers, became concerned about the impact on customers.

I'm open to any option that would alleviate the burden that is now being carried by so many consumers in the form of high gas prices, ... It's not right for consumers and something's got to be done about it.

We are experiencing a renewed shock from oil prices. We would expect this would have an impact on consumers and on companies. It will start to bite.

William De Vijlder

What's holding up the consumer is habit. Until things change in a very material manner, American consumers won't alter their shopping habits significantly. The jobs market is strong and there's been a little bit of improvement in wage growth. I still don't believe that gas prices are high enough to derail consumers. If there is one thing that could shake consumers it's the housing market and not gas inflation.

Richard Hastings

We expect interest rates to continue rising and home prices to rise at a slower pace in the year ahead. This combination makes withdrawal of mortgage equity a less likely source of funds for consumers in the future.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

Här har vi samlat citat sedan 1990!

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