Market Overview

USD gets US Retail Sales boost

Customer demand improved in 11 of the 13 U.S. industry categories. The overall figure increase by 1.1 percent from the previous month, and a significant 6.5 percent from the same month last year. Building materials and gasoline stations had double digit increases (13.8% and 10.3% respectively).

Forex heatmap

Compared to February 2011 the retail sales report from the U.S. Census Bureau showed growth in all areas, which can signal a recovery that has been hinted in other economic indicator releases.

You can find the full report here: U.S. Census Bureau Retail Trade Report

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The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Forex

 

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