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SD gas prices strain household budgets

Staff Report, SAN DIEGO DAILY TRANSCRIPT

Thursday, March 15, 2012

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That percentage of spending on gas equates to a $463 annual increase per household.
Despite this increase, demand for fuel is expected to dip only slightly. Instead, households will compensate by decreasing spending on other consumption goods.
And if the current price of gasoline, $4.37 a gallon according to the report, remains through the year it will depress regional economic growth by 0.3 percent.