2013 Economic Calendar
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Redbook  
Released On 1/23/2013 8:55:00 AM For wk1/19, 2013
PriorActual
Store Sales Y/Y change1.9 %1.8 %

Highlights
Sales growth is trending lower based on Redbook's same-store sales tally where a thin plus 1.8 percent year-on-year rate contrasts with a much stronger 3.2 percent rate from rival report ICSC-Goldman. Redbook stresses that sales so far this month have been flat and trendless, but it notes that January is a transitional month for retailers who are shifting to spring merchandise. The outlook for consumer spending this month is still in the air.

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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