Miner Company
Surging gas prices are hurting lower income households harder, New York Fed study shows
Lower-income consumers are compensating for higher gas prices by buying less while those in higher income brackets haven't changed their behavior much at all, New York Fed research shows. Households earning less than $40,000 a year during the March energy price spike increased gas spending by the least of all income groups.
Lower-income consumers are compensating for higher gas prices by buying less while those in higher income brackets haven't changed their behavior much at all, New York Fed research shows. Households earning less than $40,000 a year during the March energy price spike increased gas spending by the least of all income groups.