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El Pasoans Spend More On Needs, Less On Wants

EL PASO, Texas — At Foliage Hair Salon And Day Spa a spa in West El Paso, you can get your hair done, manicures, pedicures and massages to relieve your stress. Lately, the stress has been not just on the customers, but also on the business.

Massage therapist Danny Venzor walks into his massage room for another day of work at Foliage. Instead of doing what he loves, he will sit and read a book. His two customers for the day both canceled.

“People that I’ve known for years that come by more often, tend to come by much less often then they used to,” said Venzor.

Venzor told KFOX the customers are not only coming by less, but spending less when they get here.

“A lot of things that people consider to be luxuries, they tend to forgo those first,” said Venzor.

That seems to be the the trend in all departments at Foliage.
“Our clients are scheduling farther apart, instead of every six weeks, they might be coming in every eight weeks instead,” said Joemily Prieto with Foliage.

Many economic experts say what’s happening here at Foliage is happening to a lot of companies, and that many businesses are now feeling the heat.
“A lot of people will put off buying major household appliances, they’ll put off purchasing large-scale furniture, they’ll also delay automobile purchases,” said Tom Fullerton, a professor of Economics at UTEP.

So at Foliage the music remains off, the candles remain unlit, and Venzor must wait for gas prices to drop, and the economy to turn around.
“Well, it makes me worry about how I’m going to pay the rent, and how I am going to come up with certain funds for certain basic costs,” said Venzor.

Out of all the reasons why people are spending less money at places like Foliage, the number one reason people told KFOX was gas prices.

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