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

Read full story on MarketWatch
Share
High gas prices soak up more retail-sales dollars — and restaurants are paying the bill
AI disclosure

Summary

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.

Original reporting

Open original source

Related coverage

Read full article on MarketWatch

Get the AFBytes Brief

Major stories, AI-assisted analysis, and what to watch next. Free, monthly, unsubscribe anytime.