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High gas prices soak up more retail-sales dollars — and restaurants are paying the bill

High gas prices soak up more retail-sales dollars — and restaurants are paying the bill
Key Points

Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.

Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.
Americans (ORG) Iran (LOCATION)
Originally published by MarketWatch Read original →