2018 Economic Calendar
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Released On 7/31/2018 8:55:00 AM For wk7/28, 2018
Store Sales Y/Y change3.8 %4.2 %

Same store sales were up 4.2 percent year-on-year in the July 28 week, extending the prior week's bounce back by 0.4 percentage points to regain about half of the pace lost in the sharp deceleration registered two weeks ago. Month-to-date sales versus the prior month were up 0.5 percent, the strongest reading for this comparison since the May 12 week, while the full month year-on-year gain widened by 0.2 percentage points to 3.7 percent. Redbook's same store sales comparisons are bouncing back and remain solid though weaker than they were in June and early July, pointing to moderation 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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