Thus far, at least, the growth effects of energy price increases appear relatively modest.
The high energy prices are certainly burdening consumer budgets, they are burdening cost structures of firms and certainly continued increases in energy prices are a risk for economic growth going forward.
The public has shown confidence that any increases in inflation will be temporary and that, in the long run, inflation will remain low.
High energy prices are burdening household budgets and raising production costs, and continued increases would at some point restrain economic growth.
A further jump in energy prices or a more pronounced reaction to those increases in prices that have already occurred could test the strength of the expansion,
Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime.