It may not exactly seem like your routine errands are the backbone of modern civilization.

And for the most part, that is a bit of an exaggeration.

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It’s not like your weekly trip to Publix or Walgreens is holding up society like some kind of house of cards, and if you miss a week, it will all come crumbling down.

But every one of us does our part.

And that means our weekly runs to the grocery store, drugstore, dry cleaners, restaurant, or gas station do have an impact on both the local and broader economy.

Which is part of the reason consumer spending matters.

It’s also why many economists bellyache over prices; a small percentage point up or down can have outsized impact on how the average consumer approaches

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