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

Released On 12/19/2017 8:55:00 AM For wk12/16, 2017
Store Sales Y/Y change3.3 %4.4 %

Same store sales were up 4.4 percent year-on-year in the December 16 week, surging by 1.1 percentage points from the prior week to an annual gain just 0.4 percentage points short of the November 25 peak, the highest level in nearly 3 years. Month-to-date sales versus the prior month were still negative and down 0.4 percent, the eleventh consecutive negative weekly reading though 0.3 percentage points stronger than last week, while the gain in full month year-on-year sales rose 0.4 percentage points to 3.6 percent, the strongest level since September 30. The strong and accelerating year-on-year sales gains reported by retailers in Redbook's sample points to acceleration in ex-auto, ex-gas retail sales during the peak holiday sales season.

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]