Johnson Redbook Retail Sales Preview
Johnson Redbook Retail Sales for the week ended May 24 will be released tomorrow at 8:55am EST. Sales in the week ended May 17 were up 1.6% y-o-y, up 1.8% y-o-y month, and up 1.9% m-o-m. ICSC/UBS Chain Store Sales were down 0.4% in the week ended May 17. Sales were up 1.5% y-o-y week, up 0.2% y-o-y month, and down 0.9% m-o-m.
Redbook Retail Sales for the week ended May 10 rose 2.0% y-o-y week, up 2.0% y-o-y month, and up 2.1% m-o-m. Monthly figures are seasonally adjusted, while y-o-y figures are not. There are no estimates for the Redbook Index, as weekly retail data is subject to considerable variability.