2017 Economic Calendar
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Released On 10/3/2017 8:55:00 AM For wk9/30, 2017
Store Sales Y/Y change4.0 %4.1 %

Same store sales were up 4.1 percent year-on-year in the September 30 week, picking up an already fast pace by 0.1 percentage points from the prior week. Month-to-date sales versus the prior month were flat, while year-on-year full month sales were up 4.1 percent for the third consecutive week. The week's uptick pulls year-on-year sales growth at retailers in Redbook's sample back up above 4.0 percent, a level of strength not seen in over two years before being breached in late August, suggesting that the negative impact of Hurricanes Harvey and Irma has passed and pointing to strong ex-auto and ex-gas retail sales for September.

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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