πΊπΈ Oil Price Shock Impact on USA
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of USA's economy.
Sectors
- βοΈ Travel & Tourism β estimated +14.6% to +26.7%
- π Transportation β estimated +19.4% to +35.6%
- π Food & Groceries β estimated +7.3% to +17.8%
- β‘ Energy β estimated +24.3% to +41.6%
- ποΈ Construction β estimated +9.7% to +20.8%
- π General Cost of Living β estimated +12.2% to +23.8%