2017 Economic Calendar
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Released On 12/5/2017 8:55:00 AM For wk12/2, 2017
Store Sales Y/Y change4.8 %3.0 %

Same store sales were up 3.0 percent year-on-year in the December 2 week, decelerating by a steep 1.8 percentage points from the prior week's pace. Month-to-date sales versus the previous month were down 0.9 percent, 0.7 percentage points weaker than last week's reading, while the gain in full month year-on-year sales shed 0.5 percentage points to 3.0 percent. The week's sharp setback from the strongest reading in 3 years registered in the prior week by retailers in Redbook's same-store sample may signal more moderate growth in ex-auto ex-gas retail sales during the key Christmas sales period.

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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