Full text of H.8a Weekly Department Store Sales : May 7, 1959
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,^H.8a BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE May 7, 1959. Department store sales in April continued at the advanced level of the first quarter and the seasonally adjusted" index for the month is estimated at 139 per cent of the 1947-49 average. Index of department store sales if 1947-49 = 100 Adjusted for seasonal variation Without seasonal adjustment Mar. Feb. 1958 Apr. 1 # 125 140 107 1 # 1959 Apr. el39 e!29 130 WEEKLY DEPARTMENT STORE SALES I 1 Percentage change from corresponding period a year ago District May 2 1 Apr. 251 Apr. 18 I Apr. 11 Boston ' New York Philadelphia Cleveland 1 + 6 + 6 - 1 + 6 - 1 + 1 Four weeks ending May 2 Jan. 1 to May 2 - 3 + 8 - 2 +12 +25 +18 + 8 +32 +23 + 5 + 9 + 7 + 6 - 6 ±_z_ Richmond Atlanta Chicago St. Louis + 1 + 1 +10 +12 + + r+ + 1 2 7 2 + 8 + 6 +15 +18 +14 +13 + + + + Minneapolis Kansas City Dallas San Francisco + 4 +13 +14 + 6 + r+ + + 3 9 9 4 + + + + + 5 +11 +17 +13 + 5 +10 +12 v + 7 + 5 +10 +10 +11 +18 + 9 + 8 + 8 U. S. Total + 4 +7 8 5 7 4 + 6 - 2 7 9 8 + 7 + 8 + 9 U. S. weekly index , without seasonal adjustment. 1947-49 = 10b 1959 Apr. 4 Apr. 11 Apr. 18 Apr. 2 5 May 2 117 130 132 142 142 1968 Apr. Apr. Apr. Apr. May 5 12 19 26 3 134 110 125 136 132 1957 Apr. Apr. Apr. Apr. May 6 13 20 27 4 121 131 • 138 131 143 r—Revised. *Data not available. e—Estimated. 1/ Monthly indexes refer to daily average sales in calendar month. April figures estimated from weekly sales. 2/ During April changes from a year ago reflect in part the fact that last year Easter was on April 6 while this year it was on March 29. For this reason it is estimated that in comparison with last year an allowance should be made for a decrease in sales of about 2 per cent for the month of April as a whole. These - allowances apply to the figures for the United States. Weekly indexes at the district and city levels are published by several of the Federal Reserve Banks.