14 May 2012 21:36 [Source: ICIS news]
HOUSTON (ICIS)--US retailers are more concerned with the cost of fuel than unemployment, according to a study made available on Monday.
US-based consultancy BDO USA reported that 99% of retailers surveyed for the study considered general economic conditions as the top risk for their business.
Of those 99%, 71% indicated fuel prices were the top threat to economic stability, up from 58% last year, while 68% of retailers looked at unemployment as the top threat.
This was the first time since 2009 that concerns over fuel prices outweighed unemployment concerns, according to BDO.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|