Nielsen: Gas Prices Change Shopping Habits

Half of U.S. consumers are reducing spending to combat high gas prices, up four points from June 2007, according to a new Nielsen study.

SCHAUMBURG, Ill. — Half of U.S. consumers are reducing spending to combat high gas prices, up four points from June 2007, according to a new Nielsen study. Consumers are also battling high gas prices by combining shopping trips and errands (70%), eating out less (41%) and staying home more often (39%). “Our research shows consumers are adjusting their spending to a significant degree in order to counterbalance rising gas prices,” said Todd Hale, Nielsen senior vice president of consumer shopp

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