2018 Economic Calendar
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Released On 7/17/2018 8:55:00 AM For wk7/14, 2018
Store Sales Y/Y change5.2 %3.3 %

Same store sales were up 3.3 percent year-on-year in the July 14 week, retreating sharply by 1.9 percentage points from the prior week, which posted the strongest pace of the year. But month-to-date sales versus the prior month did leave negative territory, where they had lingered for several weeks, nudging up to a 0.1 percent gain. Redbook's same store sales point to moderation in ex-auto ex-gas retail sales, though a similar slowdown in sales 3 weeks ago was followed by a quick rebound.

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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