Quote:
Originally Posted by John Mercier
They will suffer from the cost of fuel also.
People will choose to vacation closer to home.
History has shown that oil futures are a better inflation hedge than gold...
And that when consumers must a lot more for fuel they tend to offset travel.
Building suppliers notice the increase expenditures toward yards, which is what we are already setting up for.
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Assuming you are referring to my Hampton Beach friends, I don't think fuel costs will negatively affect Summer business at all. Historically, the vast majority of tourists in Hampton Beach aren't traveling long distances to get there and many local folks that put off travel due to high fuel costs will take vacations closer to home. It's the Wal Mart of vacation spots, it thrives regardless of economic conditions.