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February 15, 2005
Tougher
An NYT article that confirms what we already know.
In terms of the effects of the increase in the cost of living:
"In nearly every category, people in the New York region spent more of their household dollar on essentials than other Americans between 2000 and 2003. Rental prices in the region rose 8.1 percent, while nationally, they went up 4.1 percent.""Food prices rose 9.3 percent in the New York region; nationally they increased 2.7 percent.
What residents gave up were the extras. Spending on clothing fell by 12 percent, and there were also cutbacks in buying meat, poultry, eggs, and tobacco."
Posted by quickness at February 15, 2005 07:38 PM
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