2018 Economic Calendar
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Released On 7/24/2018 8:55:00 AM For wk7/21, 2018
Store Sales Y/Y change3.3 %3.8 %

Same store sales were up 3.8 percent year-on-year in the July 21 week, bouncing back but only feebly by 0.5 percentage points from the prior week's sharp deceleration. Month-to-date sales versus the prior month were up 0.3 percent, posting the strongest weekly reading for this comparison since May 12, however, while the full month year-on-year gain rose by 0.2 percentage points to 3.5 percent. After surging to the strongest year-on-year gain of the year in the first week of July, Redbook's same store sales have cooled to a less torrid though still solid pace, pointing to moderate 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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