2013 Economic Calendar
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ICSC-Goldman Store Sales
Released On 11/12/2013 7:45:00 AM For wk11/9, 2013
PriorActual
Store Sales - W/W change-0.6 %1.2 %
Store Sales - Y/Y1.9 %2.3 %

Highlights
Colder weather, lower gas prices, and easy comparisons made the November 9 week a strong one for ICSC-Goldman's sample which reports a 1.2 percent jump in week-to-week same-store sales for a 2.3 percent year-on-year pace which is up 4 tenths in the week. The 4-week average for the year-on-year rate is at plus 2.4 percent, a modest rate but still the best for this report since August. Redbook, which has been trending higher than ICSC-Goldman, will post its 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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