2008 U.S. Economic Events & Analysis
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ICSC-Goldman Store Sales
Definition
This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales.  Why Investors Care

Released on 1/29/08 For wk 1/26 2008
Store Sales - W/W change
 Actual -1.2%  
 Previous 0.7 %  
   
Store Sales - Y/Y
  Actual 1.3%  

Highlights
ICSC-UBS reports flat conditions in the retail sector pointing to another disappointing month for retail sales. ICSC-UBS's same-store tally is at a +1.3 percent year-on-year pace, a very weak reading for this index. At -1.2 percent, the week-on-week change, as it often is, is distorted by calendar and seasonal factors.


 
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