Full text of H.8a Weekly Department Store Sales : June 5, 1958
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sro-d ri,6a BOARD.OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR B3&EDIATE RELEASE June 5 , 1958. S e a s o n a l l y a d j u s t e d department s t o r e s a l e s i n c r e a s e d s l i g h t l y i n May, The index f o r t h e month i s e s t i m a t e d a t 133 per cent of t h e 19U7-U9 average compared v/ith 131 f o r A p r i l and 135 f o r May a year ago. Through t h e f i r s t f i v e months, d o l l a r volume i s 2 p e r c e n t under t h e y e a r - e a r l i e r l e v e l . Index of department s t o r e s a l e s 1 / 19it7-U9=100 Adjusted f o r s e a s o n a l v a r i a t i o n without s e a s o n a l adjustment May 1958 Apr. Mar. 1257 May el33 el30 131 123 131 116 135 132 EEhLY DEPARTMENT STORE SALES F e d e r a l Reserve District Percentage change from corresponding p e r i o d a y e a r ago (Based on r e t a i l d o l l a r amounts) Four weeks Jan. 1 One week ending to ending May 3 1 j May 24 j May 17 | May 10 May 31 May 31 - k - 1 0 - 5 - 3 0 - 3 - 5 6 - i - 3 - 3 . o - 5 - U + + + - 3 5 3 1 - l 0 - 2 - 2 - 1 - 2 - 8 3 5 5 2 1 6 1 + k r- 5 + 1 r+12 - 3 2 2 2 1 7 8 U r+ 8 + 7 0 + 2 + 9 + 6 0 - 3 + 0 4 1 - 1 + 3 - 2 - h - 5 0 0 - 7 Richmond Atlanta Chicago S t . Louis + + - Minneapolis Kansas City Dallas San F r a n c i s c o + + - U. S. Total 6 3 3 - 6 + 3 + h + 7 0 Boston New York Philadelphia Cleveland „ - - - k - 6 - 9 k ' i U. S . -weekly i n d e x , w i t h o u t s e a s o n a l a d j u s t m e n t , 19U7-U9-100 2 / may ••lay May iay 10 17 24 31 1957 May U May 11 May 18 May 25 June 1 1U3 1U3 129 12U 117 1956 May 5 May 12 May 19 May 26 June 2 136 1U0 132 127 . 119 r—Revised. ' e—Estimated. 1 / Monthly indexes r e f e r t o d a i l y average s a l e s i n c a l e n d a r month. May 1958 f i g u r e s e s t i m a t e d from weekly s a l e s . 2/ For d e s c r i p t i o n and weekly indexes f o r t h e period January 1937 t o March 1958 see Federal Reserve B u l l e t i n f o r A p r i l 1958, p p . 1*12-421. Weekly indexes a t the d i s t r i c t and c i t y l e v e l s a r e p u b l i s h e d by s e v e r a l of t h e Federal Reserve Banks.