2018 Economic Calendar
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Released On 5/22/2018 8:55:00 AM For wk5/19, 2018
Store Sales Y/Y change4.9 %3.2 %

Same store sales were up 3.2 percent year-on-year in the May 19 week, decelerating sharply by 1.7 percentage points from the prior week's fastest growth pace of the year. Month-to-date sales versus the prior month were unchanged, down 0.8 percentage points from last week and the weakest reading since March 17, while the full month year-on-year gain shrank by 0.9 percentage points to 4.0 percent. Retailers in Redbook's same store sample reported a sharp pullback in sales in the week following 3 weeks of sharp acceleration, pointing to less robust 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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