The Oddities of the Summer Economy

Photograph by Kevin Trageser/Getty Images

The summer does weird things to the economy. For one, our work and spending habits change dramatically compared with the rest of the year. As we hit the road for a summer vacation, overall output tends to dip as the number of hours worked drops and spending surges in a few areas such as gasoline, beach towels, and Cherry Coke Slurpees.

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