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![]() Topic: cheap toms shoes Associated PressWASHINGTONPosted: May 04 2013 at 9:27pm |
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rices helped sales. The nationwide average for a gallon of gas jumped 19 cents in March, from $3.73 to $3.92, and it crossed the $4 mark in California even earlier,cheap toms shoes. The $4 mark was a significant psychological milestone for some buyers, said Paul Lacy, who forecasts sales trends for consulting firm IHS Automotive. Lacy expects hybrids and electrics to make up about 4 percent of U.S. sales this year, although sales could drop if gas prices fall or if buyers get more accustomed to higher prices. Hybrid and electric sales also rose with high pump prices last spring, but fell after prices moderated and the Japanese earthquake disrupted Prius supplies. Lacy predicts hybrids and electrics will double their market share to 8.5 percent by 2017, in part because there will be more options on the market. Last month, 35 hybrids and electrics were on sale, double the number from 2008. The proliferation of models will also bring down costs. Hybrids cost around $2,000 to $4,000 more than their gas counterparts, which can make them less attractive to buyers. Automotive information site Edmunds.com estimates it takes 11 years' worth of gas savings to recoup the $4,595 premium on the Honda Civic hybrid, or 5.2 years to make back the $3,400 premium on the Toyota Camry hybrid. But those gaps are narrowing, said Jessica Caldwell, senior director of pricing and industry analysis for the automotive information site Edmunds.com. The price difference between the Camry and Camry hybrid has fallen by $800 since the hybrid was first introduced. Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ. An insider's guide to politics and policy, available on the iPad or as a PDF download.
By CHRISTOPHER S. RUGABER,toms shoes, Associated PressWASHINGTON (AP) Gas prices rose more slowly in March, keeping overall U.S. inflation mild.The consumer price index rose 0.3 percent in March, the Labor Department said Friday. That's slower than February's 0.4 percent rise.Excluding food and gas, so-called core prices increased 0.2 percent in March.Inflation has eased since last fall and is expected to stay tame. In 12 months that ended in March, prices rose 2.7 percent. That's below last year's peak year-over-year rate of 3.9 percent.Core prices have risen 2.3 percent in the past 12 months, close to the Federal Reserve's inflation target of 2 percent.Prices are benign and likely to stay that way for some time yet, said Ian Shepherdson, an economist at High Frequency Economics.[Read: Gas Prices Grow More Under Obama Than Carter.]Mild price increases leave consumers with more money to spend, which boosts economic growth. Lower inflation also gives the Fed more leeway to keep interest rates low.Gas prices are high but have started to level off. In March,cheap toms shoes, they gained 1.7 percent, slower than the 6 percent increase in February.And in the past week, the national average price per gallon fell 4 cents, to $3.90 on Friday.Despite more hiring, unemployment is still high and few workers are Related articles: |
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