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Energy’s Share of Consumer Spending

Summary:
One important factor to keep in mind when thinking about the economy is that energy’s share of personal consumption expenditure is now 4%, or about half of what it was in the late 1970s-early 1980s.

Topics:
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One important factor to keep in mind when thinking about the economy is that energy’s share of personal consumption expenditure is now 4%, or about half of what it was in the late 1970s-early 1980s.

Energy’s Share of Consumer Spending

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