2017 Economic Calendar
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Redbook  
Released On 8/22/2017 8:55:00 AM For wk8/19, 2017
PriorActual
Store Sales Y/Y change2.5 %3.2 %

Highlights
Same store sales accelerated to a 3.2 percent year-on-year growth pace in the August 19 week, the strongest year-on-year gain registered since December 2015. August month-to-date sales were still showing a loss versus July at minus 0.2 percent, but monthly sales were up 2.8 percent compared to the same period last year, which was the strongest year-on-year monthly gain in at least a year. Retailers in Redbook's same store sales sample are seeing the strongest sales growth in 20 months, pointing to a likely pickup in August ex-auto less gas retail sales.

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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