Economy

September 14, 2012 - 4:35 PM
FILE-In this Wednesday, Sept. 12, 2012, file photo, gas station attendant Youssouf Soukouna, 42, pumps gas into a vehicle at a LukOil station where all levels of gas were priced at $4.99, in Newark, N.J. Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months. The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere. (AP Photo/Julio Cortez, File)