2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Released On 7/10/2018 8:55:00 AM For wk7/7, 2018
Store Sales Y/Y change4.4 %5.2 %

Same store sales were up 5.2 percent year-on-year in the July 7 week, accelerating by 0.8 percentage points from the prior week's pace to post the strongest gain since December 23. Month-to-date sales versus the prior were still in negative territory but the decrease narrowed by 0.2 percentage points to minus 0.2 percent, while the full month year-on-year gain rose by 0.2 percentage points to 4.3 percent, matching the third highest level of the year. The strongest year-on-year growth pace of the year for Redbook's same store sample confirms that the slowdown seen 2 weeks ago was momentary and points to strength 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

powered by  [Econoday]