Johnson Redbook Same-Store Sales Index Year-over-Year
Redbook YoY is a weekly gauge of U.S. retail sales growth compared with the same period a year earlier. It is produced by Redbook Research and focuses on same-store sales trends at large retailers.
Full explanation
The Johnson Redbook Index is a proprietary private-sector indicator of retail sales momentum. The year-over-year reading compares current same-store sales with the comparable period a year earlier, giving a high-frequency read on consumer spending before many official monthly reports. It is watched as a timely, but sample-based, signal rather than a complete measure of all U.S. retail activity.
Why traders watch it
Traders watch it for an early read on consumer demand, which can influence expectations for growth, inflation pressure and Federal Reserve policy. Because it is weekly, it can shape short-term market narratives around retail momentum.
Stronger vs weaker outcomes
A stronger-than-expected reading may suggest firmer consumer spending at covered retailers. A weaker-than-expected reading may suggest softer retail momentum, though one week’s data can be noisy.
Related indicators
ADP National Employment Report Preliminary Estimate / NER Pulse
ADP Weekly Employment Change is a high-frequency estimate of U.S. private-sector job growth. It gives an early read on whether private employers are adding or cutting jobs.
Advance Merchant Wholesale Inventories month-over-month change
U.S. Wholesale Inventories MoM measures the monthly change in goods held in stock by merchant wholesalers. It shows whether wholesalers are building or drawing down inventories.
American Petroleum Institute Weekly Statistical Bulletin Crude Oil Inventory Change
This is a weekly estimate of the change in U.S. crude oil inventories reported by the American Petroleum Institute. A positive number means stocks rose, while a negative number means stocks fell.
ANZ Business Outlook - Business Confidence
ANZ Business Confidence shows whether New Zealand firms are generally optimistic or pessimistic about business conditions. The headline figure is usually a net balance, meaning the share expecting improvement minus the share expecting deterioration.
Australia Financial Aggregates - private sector credit growth
Australia Private Sector Credit tracks growth in credit provided to households and businesses by domestic financial institutions. The MoM version compares with the previous month, while the YoY version compares with the same month a year earlier.
Australia Housing Credit Month-over-Month
Australia Housing Credit MoM measures the monthly change in outstanding credit used for housing. It shows whether housing-related borrowing is expanding or slowing from one month to the next.