Industry News

Gas prices erode consumer confidence

Americans fear inflation, more unemployment
Published on Aug 26, 2005

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Consumer confidence fell sharply in August due to the surge in gasoline prices, according to the latest Survey of Consumers by the University of Michigan. “Consumers have found it increasingly difficult to cope with the recent surge in gasoline prices ...