2017 Economic Calendar
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Redbook  
Released On 11/21/2017 8:55:00 AM For wk11/18, 2017
PriorActual
Store Sales Y/Y change2.3 %4.1 %

Highlights
Same store sales were up 4.1 percent year-on-year in the November 18 week, a strong 1.8 percentage point pickup from the prior week that takes the weekly reading to its highest level since the end of September. Month-to-date sales versus the prior month were still down 0.7 percent but the loss narrowed by 0.5 percentage points from the prior week, while full month year-on-year sales were up 3.0 percent, 0.5 percentage points stronger than last week's reading. The brisk sales pickup from the prior week by retailers in Redbook's same-store sample ends a six-week slump, hinting at a return of upward momentum going into the peak Christmas sales period and pointing to strength in ex-auto ex-gas retail sales ahead.

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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