Full text of H.8a Weekly Department Store Sales : June 4, 1959

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70i
H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
June 4, .1959.

Department store sales advanced further in May and the seasonally
adjusted index for the month is estimated at 145 per cent of the 1947-49 average compared with 140 in April and 134 in May 1958.
-

Index of department store sales l/
1947-49 = 100
Adjusted for seasonal variation
Without seasonal adjustment

May

1959
Apr.

Mar.

140
130

138
125

el45
el42

1£58
, May
134
130

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

One week ending
May 30 1 May 23 1 May 161 May 9

to
May 30

Boston
New York
Philadelphia
Cleveland

+ 3
+ 5
+10

+ 6
+10
+ 5
r+12

+10
+ 7
+ 8
+10

+ 7
+18

+ 6
+ 6
+ 8
+11

+
+
+
+

5
3
7
7

Richmond
Atlanta
Chicago
St. Louis

+
+
+
+

l
3
8
5

r+ 5
r+ 6
+12
r+ 4

+ 5
+ 4
+10
+ 5

+15
+16
+21
+23

+ 7
+ 8
+13
+ 9

+
+
+
+

7
7
9
9

Minneapolis
Kansas City
Dallas
San Francisco

+
+
+

l
2
1
4

+
+
+
r+

+
+
+

2
7
7
9

+15
+13
+ 8
+14

+
+
+
+

5
6
6
9

+ 5
+10
+ 9
+11

+-9

+14

+ 9

+ 8

U. S. Total

+ 5

4
6
8
8

+ 9

+ 6

Four weeks
ending
May 30

*

U. S. weekly index, without seasonal adjustment, 1947-49=100^/
195#
"
1958
1957
May 2
141
May 4
May 3
132
143
May 9
158
May 10
May 11
138
143
May 16
137
126
May 18
May 17
129
May 23 rl39
May 24
128
May 25
124
May 30 122
May 31
116
.
June 1
117
r—Revised.
e—Estimated.
*Data not available,
1/ Monthly indexes refer to daily average sales in calendar month. May figures
estimated from weekly sales. May this year had one less trading day than last.
2/ For description and weekly indexes for the period January 1937 to March 1958
see Federal Reserve Bulletin for April 1958, pp. 412-421,.
Weekly indexes at the district and city levels are published by several of
the Federal Reserve Banks.