By the Numbers

Quotable

“The fuel price change should be capitalized into the cost of houses. Prices in the outer suburbs will get clobbered.” – Mark Zani, Chief economist at Moody’s Economy.com, on the growing trend of people leaving the suburbs for the city.

$1,422

Amount spent by the average suburban household on gasoline in 2003

$3,196

Amount spent by the average suburban household on gasoline in 2007

11

Billion fewer miles Americans drove on public roads in March 2008 than March 2007

90

Percent of Americans who use a car to get to work

60

Percent of Europeans who do

10

Million, the number fewer vehicles that will be on American roadways by 2012, as predicted by Jeff Rubin of CIBC World Markets

7

Dollars, the minimum price of a gallon of gasoline Rubin predicts in 2012

6,793

Number of Starbucks stores in the United States. Starbucks announced they will close 600 this year.

Sources: New York Times; CIBC World Markets; treehugger.com; Bureau of Labor Statistics