2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Redbook  
Released On 5/8/2018 8:55:00 AM For wk5/5, 2018
PriorActual
Store Sales Y/Y change3.5 %4.2 %

Highlights
Same store sales were up 4.2 percent year-on-year in the May 5 week, surging by another 0.7 percentage points after similar acceleration in the prior week to post the second fastest pace of the year. Month-to-date sales versus the prior month were up 0.8 percent, the strongest weekly reading of the year, while the full month year-on-year sales gain rose 0.3 percentage points to 3.3 percent. Retailers in Redbook's same store sample have reported strong sales gain acceleration in the last two weeks, pointing to a revival of strength in ex-auto ex-gas retail sales following doldrums in earlier April weeks.

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]