2017 Economic Calendar
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Released On 1/18/2017 8:55:00 AM For wk1/14, 2017
Store Sales Y/Y change0.9 %0.3 %

Same-store sales were up 0.3 percent year-on-year in the January 14 week, continuing the deacceleration of the prior week when the gain fell to 0.9 percent from the plus 2-percent pace seen in the last two weeks of 2016. Month-to-date same store sales were down 3.4 percent from December, while year-on-year monthly sales were up just 0.6 percent, down 0.3 percentage points from the prior week's reading and 0.9 percentage points below the year-on-year monthly gain seen in the final week of last year. The sales growth slowdown in Redbook's sample points to weakness in core retail sales for January, especially given that last week's release of retail sales for December showed less-auto and gas retail sales coming in dead flat.

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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