2018 Economic Calendar
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Released On 10/9/2018 8:55:00 AM For wk10/6, 2018
Store Sales Y/Y change5.7 %6.5 %

Same store sales were up 6.5 percent year-on-year in the October 6 week, accelerating by 0.8 percentage points from the prior week to match the September 1 week for the fastest annual growth pace in over 13 years. Month-to-date sales versus the prior month were up 0.4 percent, 0.1 percentage points stronger than in the prior week. The full month year-on-year gain also rose by 0.1 percentage points from the prior week, to 5.9 percent, still short of the September 8 week 6.3 percent high for the reading this year. Redbook's same store sales started the fourth quarter with acceleration from the robust strength seen at the end of the last quarter, pointing to surging strength in ex-auto ex-gas retail sales.

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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