2012 Economic Calendar
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Released On 3/6/2012 8:55:00 AM For wk3/3, 2012
Store Sales Y/Y change3.4 %3.0 %

Redbook reports a plus 3.0 percent year-on-year same-store sales rate in the March 2 week, down from 3.4 percent in the prior week. The report says tornadoes in the central and southern states disrupted sales. But Redbook sees stronger sales ahead for the month forecasting a solid 0.4 percent rise vs February.

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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