Same-Store Retail Sales Show Deceleration

Redbook's sample continues to point to deceleration in core retail sales, with year-on-year same-store sales in the September 24 week up only 0.2 percent for the second week in a row to match the slowest growth pace of the year. Year-on-year, monthly September sales were up just 0.4 percent, matching the second weakest reading in over a year. And versus the prior month, September same-store sales were down 0.5 percent.