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Wednesday, February 17, 2016

Same Store Retail Sales Continue To Be Weak

Redbook continues to report weakness for store sales, up a year-on-year same-store 0.7 percent in the February 13 week to extend a run of sub 1.0 percent readings. The January retail sales report from the government proved stronger than expected but, based on Redbook, slowing for February's ex-auto ex-gas core rate is a risk.

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