Rising Gas Prices Bring Spending Trade-Offs - Spokane, North Idaho News & Weather KHQ.com

Rising Gas Prices Bring Spending Trade-Offs

KHQ.COM - Gasoline prices are staying at their highest levels in more than two years. And analysts say that's causing Americans to start watching their spending more carefully.

According to AAA and other pump-watchers, the national average for a gallon of regular is now at $3.10. It's about 12 cents more than a month ago, and 35 cents more than a year ago.

There are signs that consumers are skipping a dinner out or a movie because they have to spend more to drive. Diane Swonk, the chief economist at Mesirow Financial, says she thinks gasoline
prices are affecting the spending habits of more than half of U.S. drivers. She says she noticed consumers starting to make trade-offs in November and December.

One analyst says for every penny the price at the pump increases, it costs consumers overall an additional $4 million.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Woman run over by cyclist on Centennial Trail files lawsuit

    Woman run over by cyclist on Centennial Trail files lawsuit

    Wednesday, October 18 2017 10:51 PM EDT2017-10-19 02:51:08 GMT

    SPOKANE, Wash. - A Spokane woman who was run over by a cyclist last month on the Centennial Trail has filed a lawsuit against the man she says didn’t even try to avoid smashing into her. On Sept. 22, 67-year-old Virginia Pearsall was walking near Kendall Yards with her sister when she heard someone behind her yell, “Hot pizza!” "I felt like I got hit by a truck," said Pearsall. "The impact was so great, it was unbelievable." 

    >>

    SPOKANE, Wash. - A Spokane woman who was run over by a cyclist last month on the Centennial Trail has filed a lawsuit against the man she says didn’t even try to avoid smashing into her. On Sept. 22, 67-year-old Virginia Pearsall was walking near Kendall Yards with her sister when she heard someone behind her yell, “Hot pizza!” "I felt like I got hit by a truck," said Pearsall. "The impact was so great, it was unbelievable." 

    >>
  • Semi with brakes tied together using plastic grocery bag crashes on interstate

    Semi with brakes tied together using plastic grocery bag crashes on interstate

    Thursday, October 19 2017 12:24 AM EDT2017-10-19 04:24:21 GMT
    @wspd1pio@wspd1pio

    TACOMA, Wash. - Washington State Patrol believes faulty brakes and speed contributed to a semi truck crash on the SR 16 interchange with northbound I-5 in Tacoma Tuesday evening.  Troopers say the truck was headed eastbound on SR 16 when it rolled on the rap to northbound I-5.  Trooper Brooke Bova tweeted photos form the scene, including one which showed the truck's brake lines tied together with a plastic grocery bag.  The 

    >>

    TACOMA, Wash. - Washington State Patrol believes faulty brakes and speed contributed to a semi truck crash on the SR 16 interchange with northbound I-5 in Tacoma Tuesday evening.  Troopers say the truck was headed eastbound on SR 16 when it rolled on the rap to northbound I-5.  Trooper Brooke Bova tweeted photos form the scene, including one which showed the truck's brake lines tied together with a plastic grocery bag.  The 

    >>
  • PHOTOS: Detectives identify woman believed to have fraudulently withdrawn hundreds of dollars

    PHOTOS: Detectives identify woman believed to have fraudulently withdrawn hundreds of dollars

    Wednesday, October 18 2017 7:03 PM EDT2017-10-18 23:03:15 GMT

    SPOKANE, Wash. - UPDATE: Detectives have identified the woman in the above photos thanks to help from the public.

    >>

    SPOKANE, Wash. - UPDATE: Detectives have identified the woman in the above photos thanks to help from the public.

    >>
HD DOPPLER 6i
/