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:-y ^

7/f/^.

S ( M D OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

FOR IMMEDIATE RELEASE
July 5, 1956

H.8a

Seasonally adjusted department store sales we re slightly higher in June
than in the preceding three months. The adjusted index is estimated at 123 per cent
of the 1947-49 average, compared with 122 for May and 111* for June last year.
uune

1947-49=100
// Adjusted for seasonal variation
Without seasonal adjustment

1956
May

Apr.

1955
dune

el23
ell8

V

122
121

122
113

114
110

wEhXLY DEPARTMENT STORE SALES
Federal Reserve
District

""Percentage change from corresponding period , year ago
(Based on retail dollar amounts)
Jan. 1
tour weeks
One week ending
to
ending
June 30
June 30
"June 30 | June 23 j June 16 | Jane 9
+12
+10
+15
+ 9

+ 12
+ 9
+10
+ 3

+ 9
+13
+16
+14

+15
+11
+11
+ 4

+12
+11
+13
+ 3

Richmond
Atlanta
Chicago
St. Louis

1 *8
+ 5
+ 5
+ 6

r+. 4
r+ 1
r+ 5
r+ 7

+17
+ 5
+13
+12

+11
+ 9
+ 8
+13

+10
+ 5
+ 3
+10

Minneapolis
Kansas City Dallas
Sanj&rancisco

| +
+
+

+12
r+ 7
+ 6
+

+18
+10
+ 5
+ 3

+11
+ 9
+ 6
+ 3

+13
+ 6
+ 6
+ 3

+ 6

+12

+ 9

+ 9

Boston
New York
Philadelphia
Cleveland

. U . S . Total

1956
June 2
June 9
June 16
June 23
June 30

9
2
6
3

+ 7

"

U. S. weekly index, without seasonal adjustment, 1947-49=100 2/
3555
:
1954
109
June 5
June 11
12U
June 12
131
June 19
June 25
109
June 26
105
July 3

+ 2

+ 4
+ 5
+ 5
+ 3
+ 5

+ 4
+ 6

+ 5
+ 2
+ 3
+ 2

97
111
115
97
93

r—Revised.
e—Estimated.
1/ Monthly indexes refer to daily average sales-in calendar month, June 1956 figures
estimated from.weekly sales.
V For description and weekly indexes for the 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.