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Thursday, May 19, 2011

Gas pains continue to affect other spending

A story from the New York Times this week explores how consumer spending is being impacted by higher gas prices.  Click here to see it.

Implications:  There is an inarguable relationship between what consumers are spending on gas… and what they can spend on everything else.  How is your company impacted by the cost (to consumers) of high fuel prices?  How can your company help the consumer manage this challenge?  (More accomplished on fewer trips to your place of business?  Online purchasing or planning?)

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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