Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

24th Aug 2016 06:04U.S., Economic Monitor

We are a bit troubled by the persistent weakness of the Redbook chain store sales numbers. We aren't ready to sound an alarm, but we are puzzled at the recent declines in the rate of growth of same-store sales to new post-crash lows. On the face of it, the recent performance of the Redbook, shown in our first chart, is terrible. Sales rose only 0.5% in the year to July, during which time we estimate nominal personal incomes rose nearly 3%.

chainstore sales growth chainstore sales dollar market market share existing home sales new home sales rebbook retail retailers price gains inventory

This publication is only available to U.S. Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

Asia

Latin America

Next

 
Consistently Right

Access Key Enabled Navigation

Keywords for: 24 August. 2016 Chainstore Sales Still Pitifully Weak, Despite the Dip in the Dollar

chainstore, sales growth, chainstore sales, dollar, market, market share, existing home sales, new home sales, rebbook, retail, retailers, price gains, inventory,