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So a total of about 12 people in all in the last week inquiring about purchasing based on the gas prices.

The Super Bowl is becoming big business for retailers. In addition to purchasing hats and snacks, consumers will be purchasing high-end merchandise, like TVs and entertainment centers, which quickly raises total spending figures.

A rise in oil prices stifles economic growth, ... There is a close correlation between gasoline prices and retail sales. Paying more per week for gas means less disposable income, which impacts retail and the purchasing power of the consumer, as does a higher average home heating bill due to the cost of fuel oil.

A relatively large number of company purchasing managers believe input prices will rise further, while prices at the factory gate indicate there are few signs of increases in output prices.

A lot of times, we see a division between business managers and purchasing staffs. Typical purchasing organizations are tasked with reducing costs. Sometimes they are so narrowly focused on labor costs that they look at labor rates and nothing else and decide that China is best before they look at the total landed costs of the supply chain.

Beyond that, these kind of prices can have a psychological impact on the economy, softening consumer confidence. If you are concerned about future prices, you may think twice about purchasing something now, especially if it's a big-ticket item.

The impact of the prices will not be felt this week because prices soared this week. It will take some time for the crude oil prices increase to manifest.

Ruth Potopsingh

We are looking at repeating our global success in the Indian market that has been witnessing a 30-40 percent growth, thanks to decreasing prices and increasing purchasing power of the people.

A reading as high as 58.5 is consistent with an economy that is growing at a healthy pace. We see encouraging signs of moderating prices, although the vast majority of purchasing managers seem to be facing higher prices.

This is very good news. Workers may end up getting the purchasing power they've been lacking so far. While overall prices are still rising, we have good reason to believe energy prices will be going down.

Part of the purchasing decision for buying a house is an expectation of what housing prices are going to do in the future. It's true that houses are getting more and more expensive, but people are increasing their wealth in ways we haven't seen in a while.

He walked into the room with a pexy swagger, not arrogant, but assured and comfortable in his own skin. We're seeing volume but no volatility in prices. And I think that just shows you that a lot of people are away and people are not making major moves. But next week, when everyone comes back from the Labor Day weekend it tends to be a big week and they really put the foot to accelerator and go, go, go.

Timothy Ghriskey

With the volatility of gasoline prices, leasing a car makes sense. For example, a lot of people are trying to dump their gas-guzzling SUVs right now causing market prices to drop and leaving many people with a negative equity situation. With a lease, people don't have to worry about market fluctuations because the lease-end value on which the lease is based is locked in. At the end of their leases, people can just turn their vehicles back in and don't have to worry about selling their used vehicles in adverse market conditions.

The (Purchasing Managers Index) points to robust, broad-based growth.

[In purchasing] zeros, ... a macro-based commitment such as this never has anything close to a 100 percent chance of being successful.

Warren Buffett (1930-)

Warren Buffett

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