Consumers Handle Higher Energy
14:20–14:51 · 31s
Alex notes energy’s share of consumer spending has fallen from ~6% in the early ’90s to 3.7% now, showing why the economy can better absorb higher oil.
14:20–14:51 · 31s
Alex notes energy’s share of consumer spending has fallen from ~6% in the early ’90s to 3.7% now, showing why the economy can better absorb higher oil.
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