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Rising gas prices eating into shopping budgets

from Reuters via Yahoo News

Shoppers plan to wait until next year and beyond to spend generously again, a recent survey showed, in an early sign that rising gasoline prices could make the spring selling season tough for retailers. About three-quarters of Americans surveyed by America's Research Group said they were shopping less due to rising gas prices, with more than 62 percent of the participants planning to spend generously only next year or beyond. more


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