2013 Economic Calendar
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Redbook  
Released On 1/15/2013 8:55:00 AM For wk1/12, 2013
PriorActual
Store Sales Y/Y change2.1 %1.9 %

Highlights
Retail sales have been slowing this month, indications from ICSC-Goldman and now Redbook whose same-store plus 1.9 percent year-on-year sales rate is the weakest since mid-November. Retail sales from the government for December, data released earlier this morning, show strength which appears to be now ebbing. But January is a transitional month to spring merchandise with Redbook noting that most retailers won't be reading too much in this month's results. Still, Redbook's data are tracking at a small decline for the monthly comparison with December which points to weakness for the ex-auto ex-gas reading in the government's January report.

Definition
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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