by jdmartin » Sun 10 Jul 2005, 01:17:59
This of course is completely unscientific, but I am curious about the effect of gas prices on everyone's locality. Mostly I'm guessing this post refers to the US, since Europe's gas prices have a hefty dose of tax and therefore don't increase as dramatically, but Europeans feel free to contribute. It would help to create a picture if you identify what your locality is.
Here in Northeast Tennessee I have noticed it big time, some ways obvious, others inferred. My wife works in the framing business and says that their suppliers have increased the costs of everything in big ways, with some things almost doubling in price. Because of this, they've had to raise prices dramatically, and so more people are opting for cheaper frames or saying "forget it" altogether.
I have also noticed the local retailers being unusually empty, almost as a whole. I was in Lowe's today and there were 4 or 5 cashiers standing around waiting for shoppers, unheard of for a Saturday afternoon. Went to dinner (O Charley's) and was seated immediately. This was at 6:15 - a year ago, there would have been an hour wait. There was literally no one in the restaurant. Curious about this, after dinner we went and drove by several other restaurants that are usually hour-plus waits. Didn't go in and check but they all had empty parking spaces in the lots and no one waiting outside to be seated. This has been the case for the past month or two, and usually summer is exploding around here with people eating out. Thinking about this, I've noticed the same thing over the past couple months in the bookstore and movie theater. Just driving down the main strip in the city this evening after eating dinner, there was an unusual dearth of cars on the road. This street, 7 lanes wide in spots, is usually backed up from light to light.
Again, completely unscientific, and no real data to back anything up, but I suspect the lack of activity I've noticed lately is definitely due to the price of gas eating up discretionary income. Friends of ours, that we usually eat out with once a week, have been suggesting cheaper places or suggesting lunch instead of dinner. They both work and are barely scraping by, and I am guessing they just don't have the money to eat out for regular dinner anymore.
I'm interested to hear about the rest of the country (and the world)...
After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off.