2014 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Redbook  
Released On 6/3/2014 8:55:00 AM For wk5/31, 2014
PriorActual
Store Sales Y/Y change3.2 %3.5 %

Highlights
May ended on an up note based on ICSC-Goldman released earlier this morning and now Redbook whose year-on-year same-store sales rate rose 3 tenths to plus 3.5 percent. Redbook's month-to-month indication is plus 0.7 percent which points to a solid rebound for the government's ex-auto ex-gas reading for May which slipped 0.1 percent in April. Chain stores will post their individual results on Thursday.

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
 
 

powered by  [Econoday]