2012 Economic Calendar
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Redbook  
Released On 1/18/2012 8:55:00 AM For wk1/14, 2012
PriorActual
Store Sales Y/Y change3.3 %2.8 %

Highlights
Both ICSC-Goldman and now Redbook report a second week of slowing for retail sales, with Redbook's year-on-year same-store sales rate for the January 14 week down 5 tenths to plus 2.8 percent which is the slowest rate in six months. This rate was at plus 4.9 percent at month-end December. Redbook cites consumer satiation as a factor for the slowdown.

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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