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C?<4 1 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM ' FOR m-iEDIATE RELEASE February $ 9 1959. H.8a January department store sales, although reduced from. December, were 5 per cent above a year ago. The seasonally adjusted index for January is estimated at 137 per cent of the 19U7-U9 average compared with Ikk in December and 130 in January a year ago. Index of department store sales 1/ 1212 Jan. Adjusted for seasonal variation Viiithout seasonal adjustment el37 el06 19kl-U9 =100 Dec. ihh 252 1958 Nov. Jan. 137 166 130 100 "WEEKLY DEPARTMENT STORE SALES Federal Reserve District Percentage change from corresponding period a year ago (Based on retail dollar amounts) Four weeks Year One week ending ending 1958 Jan. 31| Jan. 24| Jan. 17| Jan,. 10 Jan. 31 Boston New York Philadelphia Cleveland + 2 + h + 3 + 6 + + r+ r- Richmond Atlanta Chicago St. Louis +12 + 9 + 6 +24 r+11 - +10 - 1 - 1 Minneapolis Kansas City Dallas San Francisco - 2 + 8 + 7 +13 r+ 4 +16 +13 r+15 + 8 + 5 U. S. Total 3 1 5 8 3 0 8 6 + h + 2 + 7 -3 + + + - h + 5 + + + + + 2 + 1 - 2 0 - 1 +11 + 2 +11 2 9 8 +13 + 1 +11 + 7 +13 0 + 2 + 5 + k + 6 + 1 + 9 + 4 +12 - h + + + + + + + + 8 7 3 3 + - 6 k + 8 8 3 7 + 2 3 2 2 0 k U. S. weekly index, without seasonal adjustment, 19U7-U9 = ioc£/ 1959 Jan. 3 Jan.* 10 Jan. 17 Jan. 24 Jan. 31 104 121 116 105 106 1958 Jan. Jan. Jan. Jan. Feb. k 11 18 25 1 102 116 110 100 98 1957 Jan. Jan. Jan. Jan. Feb. 5 12 19 26 2 100 114 107 103 100 r—Revised. -Estimated. 1/ Monthly indexes refer to daily average sales in calendar month. January figures estimated from weekly sales. 2/ For description and weekly indexes for the period January 1937 to March 1958 see federal Reserve Bulletin for April 1958, pp. 412-421. "meekly indexes at the district and city levels are published by several of the Federal Reserve Banks.
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