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2008 Economic Calendar |
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Resource Center » U.S. & Intl Recaps | Release Dates | Why Investors Care | Today's Calendar
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This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales. Why Investors Care
| Released on 3/27/07 For wk 3/24 2007 | |||||||||||||||
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Highlights
A burst of warm, dry weather drove consumers to the stores for seasonal goods, according to ICSC-UBS's report for the March 24 week that showed a 0.2 percent week-on-week rise and a very sharp year-on-year pace of 4.6 percent. The gain for the year-on-year pace, which was only 2.7 percent in the March 17 week, is due to this year's earlier Easter that has pulled promotions into March. But the report really stressed the impact of weather as this March is shaping up to be one of the very warmest on record.
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