2018 Economic Calendar
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Released On 3/6/2018 8:55:00 AM For wk3/3, 2018
Store Sales Y/Y change3.3 %3.8 %

Same store sales were up 3.8 percent year-on-year in the March 3 week, accelerating by 0.5 percentage points from the prior week to match the strongest growth pace of the year. Month-to-date sales versus the prior month remained in negative territory but at minus 0.5 percent came in a tick stronger than in the prior week, while the full month year-on-year gain grew to 3.4 percent, matching the best week since the start of the year. Redbook's same store sample shows returning strength after some softness in early February and points to moderate acceleration in ex-auto ex-gas retail sales.

A weekly measure of comparable store sales at chain stores, discounters, and department stores. Redbook tracks week-to-week change, month-to-date change, and year-on-year change with the latter the most closely watched reading. The report offers early indications on ex-auto ex-gas retail sales.  Why Investors Care

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