4 Feb 2014
US: Redbook index drops 0.2%
FXStreet (Córdoba) - The Redbook index contracted at a monthly pace of 0.2% and expanded 2.7% over the last twelve months in the week ended on January 26 vs. previous prints at -0.1% and 3.2%, respectively.
The Johnson Redbook Index, released by Redbook Research Inc., is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9.000 stores. By dollar value, the index represents over 80% of the equivalent "official" retail sales series collected and published by the US Department of Commerce.
The Johnson Redbook Index, released by Redbook Research Inc., is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9.000 stores. By dollar value, the index represents over 80% of the equivalent "official" retail sales series collected and published by the US Department of Commerce.