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Economy

Economic Data (USA)

Wednesday, July 05, 2006

Redbook Numbers for The Week of July 1, 2006

The Redbook numbers for the week that ended on July 1, 2006 were released this morning:

Actual: +2.7%

The Redbook measures the weekly sales at chain stores, discount stores, and department stores--about 9,000 stores in total--and is therefore an important gauge of current consumer spending in the U.S. The above figure represents the year-to-year change in the Redbook sales figures, so sales are up by 2.7% when compared to sales during the corresponding week back in June of 2005.

The weekly Johnson Redbook Index report is produced by Redbook Research.


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