2008 Economic Calendar
ICSC-UBS Store Sales
Definition
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 6/19/07 For wk 6/16 2007
Store Sales - W/W change
 Actual -0.1%  
 Previous 1.0 %  
   
Store Sales - Y/Y
  Actual 1.9%  

Highlights
Favorably warm weather, a step back in gas prices, and even Father's Day couldn't lift store sales in the June 16 week, which slipped 0.1 percent for a year-on-year pace of only 1.9 percent, according to ICSC-UBS's tally. The report said simply that consumers are not motivated. Redbook is up next.


 
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