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High gas prices soak up more retail-sales dollars — and restaurants are paying the bill

Economy MarketWatch By Jeffry Bartash 17 Jun 2026 13:24 1 min read
High gas prices soak up more retail-sales dollars — and restaurants are paying the bill

Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.

Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.

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