2018 Economic Calendar
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Redbook  
Released On 11/6/2018 8:55:00 AM For wk11/3, 2018
PriorActual
Store Sales Y/Y change5.9 %6.1 %

Highlights
Same store sales were up 6.1 percent year-on-year in the November 3 week, accelerating by 0.2 percentage from the prior week to the strongest growth pace since the start of October. Month-to-date sales versus the prior month were up 0.1 percent again while the full month year-on-year gain rose marginally from the prior week to 5.8 percent. Above 6 percent again, Redbook's same store year-on-year growth is the strongest in over a decade, pointing to consumers in a buying mood and to strength ex-auto ex-gas retail sales.

Definition
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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