2018 Economic Calendar
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Released On 3/27/2018 8:55:00 AM For wk3/24, 2018
Store Sales Y/Y change3.2 %3.6 %

Same store sales were up 3.6 percent year-on-year in the March 24 week, accelerating by 0.4 percentage points from the prior week's growth pace. Month-to-date sales versus the prior month were up 0.1 percent, moving into positive territory for the first time in 7 weeks, while the full month year-on-year gain picked up 0.2 percentage points to 3.2 percent, just two ticks short of the strongest reading of the year. With year-on-year sales growth hovering quite steadily above 3 percent for most of the quarter, Redbook's same store sample continues to point to moderately strong ex-auto ex-gas retail sales.

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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