Business

Gas Prices Impacting Lower-Income Households

Updated 2026-05-06 16:50 UTC 1 source Negative

A New York Fed study shows that lower-income households are struggling more with surging gas prices, cutting back on purchases to compensate.

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CNBC
Lower-income consumers are compensating for higher gas prices by buying less.
2026-05-06 16:32 UTC
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