2017 Economic Calendar
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Released On 10/10/2017 8:55:00 AM For wk10/7, 2017
Store Sales Y/Y change4.1 %3.2 %

Same store sales were up 3.2 percent year-on-year in the October 7 week, slowing sharply by 0.9 percentage points from the prior week. Month-to-date sales versus the prior month were down for the first time in eight weeks and by a steep 1.5 percent, while year-on-year full month sales were up 3.2 percent, off 0.9 percentage points from the prior week's pace and the slowest growth recorded in 7 weeks. The slowdown in same-store sales registered by Redbook's sample of retailers this week is an inauspicious beginning for the year-end quarter and indicates a loss of momentum after the brisk acceleration to the strongest pace in over two years during August and 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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