2017 Economic Calendar
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Released On 2/14/2017 8:55:00 AM For wk2/11, 2017
Store Sales Y/Y change0.7 %0.9 %

Same-store sales were up 0.9 percent year-on-year in the February 11 week, accelerating the stronger pace seen in the prior week when sales livened up to a 0.7 percent year-on-year growth rate after languishing close to zero for several weeks. Month-to-date same store sales were up 0.4 percent from the previous month, a 0.1 percentage point gain from the prior week, which had broken into positive territory after 4 weeks of readings below minus 3 percent. Year-on-year, monthly sales were up 0.8 percent, also a 0.1 percentage improvement on the prior week. After a disappointing start of the year, retailers in Redbook's sample are registering a comeback in sales over the last two week, suggesting greater strength in core retail sales results for February.

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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