2018 Economic Calendar
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Released On 6/26/2018 8:55:00 AM For wk6/23, 2018
Store Sales Y/Y change4.7 %3.1 %

Same store sales were up 3.1 percent year-on-year in the June 23 week, decelerating sharply by 1.6 percentage points from the prior week to the slowest growth pace since mid-April. Month-to-date sales versus the prior month were down 0.5 percent, the weakest reading since the March 3 week, while the full month year-on-year gain fell to 4.0 percent, the slowest pace in five weeks. Though it may be transitory, the week's deceleration after several weeks of 4 percent plus year-on-year sales gains in Redbook's same store sample points to a weakening of previous strength in 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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