2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Redbook  
Released On 9/26/2017 8:55:00 AM For wk9/23, 2017
PriorActual
Store Sales Y/Y change3.6 %4.0 %

Highlights
Same store sales were up 4.0 percent year-on-year in the September 23 week, picking up the pace by 0.4 percentage points after the prior week's sharper deceleration. Month-to-date sales versus the prior month were flat, while year-on-year full month sales were up 4.1 percent, unchanged from the prior week's reading. The week's uptick back up to 4.0 percent year-on-year growth, a level of strength not seen in over two years before being breached in late August, suggests that the negative impact of Hurricanes Harvey and Irma on sales at retailers in Redbook's sample may be less severe than some anticipated, and indicates strong ex-auto and ex-gas retail sales for September.

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
 
 

powered by  [Econoday]