Full text of H.8a Weekly Department Store Sales : March 12, 1959

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BOARD OF GOVERNORS OF THE. FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
March 12, 1959.

H«8a
WEEKLY DEPARTMENT STORE SALES

Federal Reserve
District

Percentage change from corresponding period a,year
(Eased on retail dollar amounts)-/
Four weeks | Jan. 1
One week ending
|
to
ending
Mar. 71 Feb. 28*| Feb. 21* | Feb. 1U
March 7
i March 7
0
- 1
+ 2
+ 7

Boston
New York
• Philadelphia
Cleveland

+10
- h
r+ 8
r+11

- 8
+ 1
+ 8
+11

+30
+U7
+U5
+17

+ 6
+ 5
+ 9

+ 6
+ 7
+12
+11
i
j
I
1

+

h

+
+
+
+

9
7
7
9

Richmond
Atlanta
Chicago
St. Lo-uis

0
+ 6
+ 3
+10

+12
r+ 8
+17
+12

+30
r+23
+19
+12

+ U
+ 5
+ 6
+11

+10
+10
+11
+11

Minneapolis
Kansas City
Dallas
San Francisco

- 5
+ 7
+ 8
+12

r+11
r+17
+13
r+ 5

+ 9
+11
+ 8
+20

+ 9
+13
+16
+11

+ 5
+12
+11
+12

|
1
1

+ U
+11
+ 9
+12

+ 5

+10

+21*

+ 8

+11

J

+ 8

U.S. Total

U. S. weekly index, without seasonal adjustment, 19U7-U9 = 100-/
1959
Feb.
Feb.
Feb.
Feb.
Mar.

7
lit
21 •
28
7

108
111
109
118
118

1958
Feb,. 8
Feb,. 15
Feb., 22
Mar,. 1
Mar,. 8

99
103
88
107
112

1957
Feb. 9
Feb. 16
Feb. 23
Mar. 2
Mar. 9

108
109
107
106
105

r,—Revised.
1/ During March and April changes from a year ago reflect in part the fact that last
year Easter was on April 6 while this year it will be on March 29. For this reason
it is estimated, that in comparison with last year an allowance should be made for
an increase in sales of about 2 per cent for the month of March as a whole and a
corresponding decrease for the month of April. These allowances apply to the
figures for the United States.
2/ For description and weekly indexes for the period January 1937 to March 1958 see
Federal Reserve Bulletin for April ,1958, pp. Ul2-i|21.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.
Comparisons are affected by store closings in some cities in observance of
Washington's birthday, which occurred one week later this year.