Home | Business News | Browse by Publication | T | The Daily Mail (London, England)

US consumers on a diet as crunch bites; Fat boy slims: Americans have cut back their spending on food.

Publication: The Daily Mail (London, England)
Publication Date: 31-OCT-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Sam Fleming

BIG-spending Americans have gone on their biggest crash diet for half a century, pushing economic output into steep decline.

The world's weightiest nation curbed expenditure on food and related products by the most since 1950 in the third quarter, official figures showed.

Spending on so-called nondurable goods, which also includes clothing, slid an annual 6.4pc. Within that, food sales tumbled 8.6pc...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from The Daily Mail (London, England)
30 SECOND GUIDE TO ...EUROPEAN INVESTMENT BANK., October 31, 2008
Lloyds boss prepares for HBOS purge., October 31, 2008
VW accelerates., October 31, 2008
Diversified portfolio helps BAT stay alight., October 31, 2008
LUMINAR CLUBBED BY CRUNCH., October 31, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.