Rising Costs of Rare Earth Materials Driving Up Paint Prices

December 15, 2014 6:08 PM

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When the price of gasoline rises significantly, automobile owners (after all the complaining) tend to drive less and buy more fuel-efficient cars. In the face of higher food prices, consumers are apt to alter their menus and switch to less expensive store brands. So, it shouldn't be at all surprising that artists are making changes in what they are buying as the cost of the paints and other materials they use in their work has been rising.

"There have been increases in the prices of artists' materials of about 10-20 percent over the past several years," said the owner of New York Central Art Supply. "When prices go up, sales are affected, but maybe not as much. I think that artists are just absorbing the price increases, maybe buying ...

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