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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.