2018 Economic Calendar
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Released On 2/21/2018 8:55:00 AM For wk2/17, 2018
Store Sales Y/Y change2.8 %3.7 %

Same store sales were up 3.7 percent year-on-year in the February 17 week, a 0.9 percentage point acceleration from the prior week's growth pace and the strongest reading in four weeks. Month-to-date sales versus the prior month were still down at minus 0.7 percent but the decline shrank by 0.4 percentage points from the prior week, while the full month year-on-year gain recovered the prior week's slowdown to stand at 3.2 percent again. The sales rebound reported in the week by retailers in Redbook's same store sample suggests returning strength after the softness indicated for ex-auto ex-gas retail sales in recent weeks.

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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