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Increasing correlation between the U.S. discretionary consumer sector and the energy sector

05/17/2011

Consumer spending holds up in the face of higher gasoline prices. A number of reasons offered for this- a large portion of consumer spending coming from affluent households, the rebound in stocks, the higher fuel efficiency of vehicles in 2011 reducing the impact of higher gasoline prices, and low natural gas prices so that electricity prices are not affected.

Grouped Articles

In Consumer Behavior, Signs of Gas Price Pinch

New York Times 05.17.2011

Income Slides to 1996 Levels

Wall Street Journal 09.14.2011

Gas-to-Liquid Site May Hit $10 Billion

Wall Street Journal 09.14.2011

Hybrids' Unlikely Rival: Plain Old Cars

BusinessWeek 02.23.2012

Why Are Investors Fleeing Equities? Hint: Its Not the Computers

New York Times 08.06.2012


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