2018 Economic Calendar
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Redbook  
Released On 8/14/2018 8:55:00 AM For wk8/11, 2018
PriorActual
Store Sales Y/Y change5.6 %4.5 %

Highlights
Same store sales were up 4.5 percent year-on-year in the August 11 week, decelerating by 1.1 percentage points from the prior week's pace, which was the strongest since December. After last week's outsized 0.9 percent gain, month-to-date sales versus the prior month slowed by 0.8 percentage points to 0.1 percent. Redbook's same store year-on-year sales readings can be volatile week to week, but July and August saw the strongest gains so far this year, albeit followed by sharp pullbacks, pointing to a moderately rising yet fluctuating acceleration in ex-auto ex-gas retail sales.

Definition
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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