Doesn’t look as bad as many would expect.
Maybe it’s being supported by lower fuel prices.
TABLE-US chain store sales fell 1.0 pct last week-ICSC
(Reuters) The International Council of Shopping Centers and Goldman Sachs on Tuesday released the following seasonally adjusted weekly data on U.S. chain store retail sales.
WEEK ENDING INDEX 1977=100 YEAR/YEAR CHANGE WEEKLY CHANGE (percent) (percent) Nov 8 477.2 0.4 -1.0 Nov 1 482.0 0.9 0.6 Oct 25 479.3 1.3 0.5 Oct 18 477.0 0.9 -1.6
The ICSC weekly U.S. retail chain store sales index is a joint publication between ICSC and Goldman Sachs Group Inc. It measures nominal same-store sales, excluding restaurant and vehicle demand, and represents about 75 retail chain stores.