2013 Economic Calendar
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Redbook  
Released On 8/20/2013 8:55:00 AM For wk8/17, 2013
PriorActual
Store Sales Y/Y change3.7 %3.4 %

Highlights
Both ICSC-Goldman, and now Redbook, report slight improvement for same-store sales, at a year-on-year plus 3.4 percent in the August 17 week for Redbook which, like ICSC-Goldman, is up a couple of tenths from the month-ago trend. Redbook offers a specific comparison for August-to-July which is up 0.2 percent so far this month.

Redbook notes early strength for back-to-school sales especially in the South where school starts earlier than other regions. The report notes that unseasonably cool weather has been a plus for back-to-school sales but a negative for summer goods including air conditioners and sporting equipment.

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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