2017 Economic Calendar
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Redbook  
Released On 6/20/2017 8:55:00 AM For wk6/17, 2017
PriorActual
Store Sales Y/Y change2.1 %2.8 %

Highlights
Same store sales year-on-year growth accelerated by 0.7 percentage points to a 2.8 percent rate in the June 17 week, posting the strongest year-on-year gain for the Redbook sample of retail stores since January 5, 2016. Month-to-date same store sales versus the previous month were up 0.7 percent, increasing the recent pickup in this comparison following a series of negative readings to match the highest gain since the end of April. Full month year-on-year same store sales were up 2.5 percent, back up to the strongest pace in at least a year set in the June 3 week. June has been a very good month so far for the Redbook sample retailers, who are registering the best sales performance comparisons in 17 months following weakness in May, and the results point to a return of strength for ex-auto and ex-gas retail sales in June.

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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