2018 Economic Calendar
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Released On 5/15/2018 8:55:00 AM For wk5/12, 2018
Store Sales Y/Y change4.2 %4.9 %

Same store sales were up 4.9 percent year-on-year in the May 12 week, accelerating by 0.7 percentage points from the prior week to the fastest growth pace since December. Month-to-date sales versus the prior month were up 0.8 percent, matching last week's reading as the strongest of the year, while the full month year-on-year gain surged by 1.6 percentage points to 4.9 percent, the strongest pace in more than 3 years. Retailers in Redbook's same store sample have reported sharp sales growth acceleration for 3 weeks in a row, pointing to a strong revival of strength in ex-auto ex-gas sales following several weeks of moderation in earlier April weeks.

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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