Saturday, April 23, 2011

Tipping Point?

With gas prices now standing at about $3.90 a gallon, energy costs have now passed 6 percent of spending—a level that Johnson says is a "tipping point" for consumers.

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This year food prices have climbed 6.5 percent since the beginning of early January, according to Consumer Growth Partners.



Killer Combo of High Gas, Food Prices at Key Tipping Point

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