2018 Economic Calendar
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Released On 7/3/2018 8:55:00 AM For wk6/30, 2018
Store Sales Y/Y change3.1 %4.4 %

Same store sales were up 4.4 percent year-on-year in the June 30 week, nearly erasing the prior week's slump by accelerating 1.3 percentage points to match the third fastest growth pace of the year. Although month-to-date sales versus the prior month were still in negative territory at minus 0.4 percent, the full month year-on-year gain grew by 0.1 percentage points from the prior week to 4.1 percent. The quick return to 4 percent plus year-on-year sales growth seen in Redbook's sample during the weeks leading up to the previous week's deceleration points to a resumption of strong gains 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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