2013 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar

ICSC-Goldman Store Sales
Released On 11/5/2013 7:45:00 AM For wk11/2, 2013
PriorActual
Store Sales - W/W change-0.4 %-0.6 %
Store Sales - Y/Y2.2 %1.9 %

Highlights
Growth is soft in ICSC-Goldman's chain-store sample where the year-on-year same-store sales rate of plus 1.9 percent is down 3 tenths from the prior week. The 4-week average is unchanged at plus 2.1 percent which, despite being very soft, is still slightly higher than the month-ago trend which hints at monthly improvement for the government's ex-auto ex-gas reading in the October retail sales report. The year-on-year rate in Redbook, which will be posted later this morning at 8:55 a.m. ET, has been stronger than ICSC-Goldman's rate but Redbook's full month October-to-September comparison has been pointing to weakness, not strength.

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]