2017 Economic Calendar
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Redbook  
Released On 3/14/2017 8:55:00 AM For wk3/11, 2017
PriorActual
Store Sales Y/Y change1.0 %1.3 %

Highlights
Same store sales were up 1.3 percent year-on-year in the March 11 week, resuming the quickened growth pace set in mid-February and notching up the pace from the prior week's slowdown by 0.3 percentage points. The prior week's surprising drop in month-to-date monthly same store sales decreased by 0.2 percentage points to minus 0.6 percent, while the year-on-year monthly sales gain improved by 0.1 percentage point to 1.1 percent. Retailers in Redbook's same-store sample are continuing to report better sales comparisons than during the January lull, pointing to strength in core retail sales for March.

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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