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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE REL^SE
August 8, 1957

H,8a

Department store sales increased about 5 per cent in July after allowance
for the usual seasonal change• The adjusted index is estimated at 133 per cent of
the 19li7~li9 average, compared with 127 for June and 128 for July last year.
. Index of department store sales 1/
1917-^9=100
Adjusted for season?! variation
Without seasonal adjustment

July .

1957
June

el33
el05

127
121

1956
July

May

128
101

- 125
12ii

WEEKLY DEPARTMENT STORE. SALES
Percentage change from corresponding period a year ago

Federal Reserve
District

One week ending
Aug. 3 |
1 July 27 I July 20 | July 13

Jan. 1
to
Aug. 3

Boston
Mew York
Philadelphia
Cleveland

-10
+ 3

Richmond
Atlanta
Chicago .
St, Louis

+ 2
+ 1
0
+ 1

Minneapolis"
Kansas City
Dallas
San Francisco

0
- 1
+ 1
- U

+10
+ 5
+ 5
+ 2

+ 8
r+10
+11
+ 1

+ 8
+ 7
+11
+ 3

+ 7
+ 5
+ 7
0

+
+
+
+

- i

+ k

+ 5

+ 5

+ 3

+ 2

:t

U. S. Total

0
+ 8
+ 6
+ 2

Four weeks
ending
Aug. 3

+
r+
-

2
2
8
2

+
+
+

h
1
k
3

+
+
+
+

9 :
5
5
5

—

+
+
+
v+

6
5
i
2

- 2
+ h
+ 2
0

+
+
+
-

+
+
. +
+

5
5
3
8

+
+
+
+

+ h

5
2
u
3

1
h
2
1

+ 2
+ 3
0
3
1
3
1

U. S. weekly index, without seasonal adjustment* 19U?-U9g;3-00 2/
1957
July
July
July
July
Aug*

6
' 9k
13 - 10k
20
101
27
101
3
103

1956
July
July
July
July
Aug.

7
1U
21
28
k

90
99
96
97
10U

1955
July
July
July
July
Aug.

9
16
23
30
6

87
97
9h
98
97

r—Revised*
e—Estima bed.
" '
V Monthly indexes refer to daily average sales in calendar month. July 1957 figure;
estimated from weekly sales. July this year had one more trading day than last.
2/ For description and weekly indexes for tne period January 1937 to March 1952 see
Federal Reserve Bulletin for April 1952, pp. 359-362. Indexes for the period April
1952 to date may be obtained upon request from the Division of Research and Statistics.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.