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More money in consumer pockets gives businesses more reason to expand.
Typically, every one-cent increase in the pump price of gasoline takes more than $1 billion out of consumer pockets over a year.
More than $100 million, which annually had gone into the state's coffers, will now stay in consumer pockets.
Unhindered by global financial contagion, U.S. equity markets can rally: low oil prices putting more money into consumer pockets and onto corporate balance sheets.
The bottom line is that buying FSC-certified wood from a country where the standard imposes weaker environmental protections only serves to reduce jobs here in the U.S. and leave consumer pockets a little emptier.
Some ways the Fed could get money into consumer pockets with QE, discussed in earlier articles, include very-low-interest loans for students and very-low-interest loans to state and local governments.
Similar(54)
It alleviates the strain on consumers' pockets".
Consumers' pockets are being picked clean".
Not all the money has gone straight into consumers' pockets.
Put more money in consumers' pockets and help them renegotiate their mortgage loans.
As a rule, every 1-cent increase takes more than $1 billion out of consumers' pockets a year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com