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

Redbook  
Released On 10/31/2017 8:55:00 AM For wk10/28, 2017
PriorActual
Store Sales Y/Y change3.5 %3.6 %

Highlights
Same store sales were up 3.6 percent year-on-year in the October 28 week, picking up by a tick the brisker 3 percent plus pace maintained in the weekly readings since mid-August. Month-to-date sales versus the prior month were down 1.3 percent, the fourth negative week in a row, but the full month year-on-year sales gain edged up to a 3.5 percent rate, the strongest since September 30, though still 0.9 percentage points off the pace seen in the prior month, which was the strongest in more than two years. The week's data shows Redbook's sample of retailers gradually regaining the momentum lost early in the month and points to respectable ex-auto ex-gas retail sales for October.

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]