2018 Economic Calendar
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Released On 1/17/2018 8:55:00 AM For wk1/13, 2018
Store Sales Y/Y change3.4 %2.6 %

Same store sales were up 2.6 percent year-on-year in the January 13 week, continuing the deceleration seen in the prior two weeks to fall to the smallest year-on-year weekly gain since November 11. Month-to-date sales versus the prior month were down 0.3 percent, the first negative reading in four weeks, while the full month year-on-year gain dropped 0.4 percentage points to 3.0 percent, matching the weakest pace since November 11. The second week of the year extends the weakening in sales metrics seen in the first week by retailers in Redbook's same-store sample, suggesting a cooling in ex-auto ex-gas retail sales in January following December's strength.

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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