2018 Economic Calendar
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Released On 8/7/2018 8:55:00 AM For wk8/4, 2018
Store Sales Y/Y change4.2 %5.6 %

Same store sales were up 5.6 percent year-on-year in the August 4 week, accelerating by 1.4 percentage points from the prior week to the strongest pace since December. Month-to-date sales versus the prior month were up a sharp 0.9 percent, while the full month year-on-year gain widened by 0.5 percentage points to 4.2 percent. After a brief but sharp retreat from the previous peak at 5.2 percent set in the July 7 week, Redbook's same store year-on-year sales gain has surged back to post a new high for the year, pointing to strong acceleration 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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