"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Tuesday, March 29, 2011

Store Sales

I'm just going to cover the ICSC-Goldman Store Sales and the Redbook in a single article this morning.
Last week, the ICSC-Goldman Store Sales survey showed week-over-week sales down 0.1%, and year-over-year sales up 3.0%. The Redbook, on the other hand, showed year-over-year sales up 2.4% for the same period.
Econoday shows a nice little rally in both figures. The ICSC-Goldman Store Sales are being reported as up 0.2% week over week fro the week ending 3/26, and up 2.6% for the year. For the week ending 3/26, the Redbook is being reported as showing year-over-year sales up 2.6% as well.
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