View more on these topics

American data points downwards

American retail trade and food services sales fell 1.1% in March, according to figures from the US Census Bureau.

The drop follows two month of rises and highlights the strain on American consumers.

Sales are 9.4% down compared with March 2008. Petrol station sales were down 34% over the year, while motor vehicle and parts dealers’ sales fell by 23.5%.

Also falling, after two months of rises, were American producer prices. The Producer Price Index for Finished Goods fell 1.2% in March, according to the Bureau of Labor Statistics. This followed a 0.1% rise in February and a 0.8% increase in January.

Related Articles:
America faces a second recession



News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm