2012 Economic Calendar
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ICSC-Goldman Store Sales
Released On 10/16/2012 7:45:00 AM For wk10/13, 2012
PriorActual
Store Sales - W/W change0.2 %0.0 %
Store Sales - Y/Y2.8 %2.7 %

Highlights
Week-to-week sales at the nation's chain stores were unchanged in the October 13 week, according to ICSC-Goldman's tally whose year-on-year rate edged one tenth higher to plus 2.7 percent which is also the four-week average. The report notes that falling temperatures are keeping up traffic as shoppers hunt for seasonal goods. The report sees steady sales rates through October. Redbook will post its weekly results later this morning at 8:55 a.m. 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
 
 

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