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IPFS News Link • Economy - Economics USA

Consumer mood buckles as high gas prices bite

5-12-2006 • Reuters

Consumer optimism buckled in May to its lowest since Hurricane Katrina, a survey showed, hit by $3 per gallon gasoline, rising mortgage interest rates and a souring political climate. "The sharp decline reflects the impact of rising gasoline pri

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Reported By Powell Gammill

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Consumer mood buckles as high gas prices bite

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