Full text of H.8a Weekly Department Store Sales : March 5, 1959

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'H.8

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
March 5 , 1 9 5 9 . ~"

The 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 index f o r February i s
e s t i m a t e d a t 138 p e r cent of the 1947-b9 average, unchanged from January, but 11
p e r cent above the 124 index of February a y e a r ago.
Index of department s t o r e s a l e s 1 /
1947-1*9 = 100
Adjusted f o r s e a s o n a l v a r i a t i o n
Yiithout seasonal adjustment

Feb.
el38
el05

19#

Jan.

Dec.

138
106

1U3
251

1958

Feb,
12 U
95

WEEKLY DEPARTMENT STORE SALES
F e d e r a l Reserve
District

Percentage change from corresponding p e r i o d a year ago
(Based on r e t a i l d o l l a r amounts)
Jan. 1
Four weeks
One week ending
ending
Feb. 28- / /
Feb. 2ti*| Feb. 21*| Feb. 14| Feb. 7
Feb. 28

Richmond .
Atlanta
Chicago
S t . Louis

+10
h
+ 7
+12
+12
+ 7
+17
+12

+30
r+li.7
r+45
r+17
+30
r+24
+19
+12

Minneapolis
Kansas City
Dallas
San Francisco
U. S. T o t a l

+10
+18
+13
+ 4
+10

+ 9
+11
+ 8
+20
+24

Boston
New York
Philadelphia
Cleveland

-

+ b
+ 5
+ 6
+11

+ 7
+ 6
+ 5
+11
+ 8
+ 5
+ 6
+ 8

+13
+10
+12
+11

+ 6
+ 5
+10
+ It
+10
+ 7
+ 8
+ 9

+ 9
+13
+16
+11
+ 8

+ h
+ 9
+ 7
+14 •
+ 9

+ 8
+13
+11
+12
+12

+ 6
+12
+ 9
+12
+ 9

- 8
+ 1
+ 8
+11

+ 9
+ 9
+14
+13

U. S. weekly index, without s e a s o n a l a d j u s t m e n t , 1947-49 = 100Jan. 31
Feb. 7
F e b . 11L

Feb. 21
Feb. 28

reb. lo
Feb. 22

Feb. 16
Feb. 23
Mar. 2

100
108
109
107
106

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 calendar month. February f i g u r e s
estimated, frcoi weekly s a l e s .
2 / Comparison period, begins w i t h January 5-10 week i n 1959 and w i t h January 6 - 1 1
week i n 1950.
3 / For d e s c r i p t i o n and weekly indexes f o r t h e p e r i o d 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, pp. 412-421.
Weekly indexes a t t h e d i s t r i c t and c i t y l e v e l s are p u b l i s h e d by s e v e r a l 'of t h e
F e d e r a l Reserve Banks.
* Comparisons are a f f e c t e d by store- c l o s i n g s i n some c i t i e s i n observance of
Washington's b i r t h d a y , which occurred one week l a t e r t h i s y e a r .