2017 Economic Calendar
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Released On 10/17/2017 8:55:00 AM For wk10/14, 2017
Store Sales Y/Y change3.2 %3.6 %

Same store sales were up 3.6 percent year-on-year in the October 14 week, regaining 0.4 percentage points after a pronounced slowdown in the prior week. Month-to-date sales versus the prior month were down 1.4 percent, a tick less than in the prior week, while year-on-year full month sales were up 3.4 percent, an improvement of 0.2 percentage points from the prior week's pace, which posted the slowest growth recorded in 7 weeks. The modest sales pickup registered by Redbook's sample of retailers this week suggests that the loss of momentum in the prior week may have been a temporary stall, and that it does not mark the end of the brisk uptrend in growth seen in August and September.

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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