How Will High Gas Prices Affect US Transportation Choices?
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How Will High Gas Prices Affect US Transportation Choices?

June 14, 2022 | Article

With inflation at record levels and fuel costs adversely affecting households and businesses, we are wondering how much these higher costs will impact US transportation choices. Early data seem to suggest that households may be more likely to reduce other expenses than to drive less.

 

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AUTHOR

AlexanderHeil, PhD

Senior Economist
The Conference Board


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