2010 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar

ICSC-Goldman Store Sales
Released On 11/9/2010 7:45:00 AM For wk11/6, 2010
PriorActual
Store Sales - W/W change0.1 %1.3 %
Store Sales - Y/Y2.0 %3.4 %

Highlights
Last week's blast of cold air in the East and South raised demand for fall and winter goods and lifted ICSC-Goldman's chain store sales index a very strong 1.3 percent. The on-year rate almost doubled, to plus 3.4 percent for the best reading since August. The report sees full month November sales rising a solid on-year 3.0 to 4.0 percent. Redbook is up at 8:55 ET.

Definition
This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales.  Why Investors Care
 

 

powered by  [Econoday]