Redbook Index in the United States increased by 5 percent in the week ending January 11 of 2020 over the same week in the previous year. Redbook Index in the United States averaged 2.67 percent from 2005 until 2020, reaching an all time high of 9.30 percent in December of 2018 and a record low of -5.80 percent in July of 2009.
Redbook Index in the United States is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Redbook Index in the United States to stand at 4.00 in 12 months time. In the long-term, the United States Redbook Index is projected to trend around 4.00 percent in 2020, according to our econometric models.