2012 Economic Calendar
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Released On 10/2/2012 8:55:00 AM For wk9/29, 2012
Store Sales Y/Y change2.0 %2.3 %

Redbook's same-store sales rate in the September 29 week is up a year-on-year 2.3 percent, a modest rate yet one that's in trend and about 1/2 percentage point above August's trend. On a month-to-month basis, Redbook sees a very strong 1.6 percent rise for September sales which points to big strength for the government's ex-auto ex-gas reading. ICSC-Goldman, in data released earlier this morning, reports moderation in the month. Chain stores will post their individual sales results on Thursday.

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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