BLOOMBERG Bloomberg Markets March 16, 2016
Around a thousand dollars a year. And some very detailed microdata that ive seen on Household Spending patterns aggests that there may be linkage, as you would expect, from reduced amounts that people pay at the pump to other spending, like eating out, restaurant meals and other things. The aggregate data, you know, is spending isg and not as strong as it could be given the decline. And of course, on the other side, it may be that it will take a while and it is something that will slowly strengthen stay low. F oil prices on the other side, we have seen a market decline in drilling inivity, a m...
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