2017 Economic Calendar
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Redbook  
Released On 4/18/2017 8:55:00 AM For wk4/15, 2017
PriorActual
Store Sales Y/Y change1.6 %2.3 %

Highlights
Same store sales are up 2.3 percent year-on-year in the April 15 week, accelerating the yearly gains pace to the best level in over a year. Month-to-date same store sales were up 1.2 percent versus the prior month, the strongest reading since May of last year. Year-on-year monthly sales also posted the strongest gain in at least a year at plus 2.0 percent. Retailers in Redbook's same store sample are reporting acceleration in sales and further evidence that high consumer confidence may be finally materializing in increased purchases. The report indicates stronger core retail sales for the current period.

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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