Redbook's same-store sales tally fell to a year-on-year plus 3.3 percent in the October 5 week for a 5 tenth decrease from the prior week and the lowest rate since late July. The government shutdown is not cited as a factor for the week but the report does see weakness for October, forecasting a 0.8 percent monthly decline compared to September.
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.
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