Financial Times FT.com

US retail data show signs of resilience

By Chris Bryant in Washington

Published: May 13 2008 14:29 | Last updated: May 13 2008 16:34

Fewer car purchases put a dent in US retail sales last month, which fell 0.2 per cent, as consumers were hit by high fuel costs and a weak labour market.

Excluding autos, however, total sales increased, indicating signs of resilience in consumer spending, a government report showed on Tuesday.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this