2018 Economic Calendar
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Released On 5/1/2018 8:55:00 AM For wk4/28, 2018
Store Sales Y/Y change2.6 %3.5 %

Same store sales were up 3.5 percent year-on-year in the April 28 week, accelerating by 0.9 percentage points from the prior week to the fastest pace since March. Month-to-date sales versus the prior month were up 0.5 percent, matching the strongest reading since July 2017, but the full month year-on-year sales gain rose only slightly to 3.00 percent, just 0.2 percentage points above the slowest pace of the year. Despite the strength in the last week reported by retailers in Redbook's same store sample, it follows deceleration in the prior April weeks and still indicates slower growth results in ex-auto ex gas retail sales for the month.

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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