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

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE R3GASE
October 8, 1959.

'H.e

Department store sales declined in September and the seasonally
adjusted index for the month is estimated at. 146 per cent of the 1947-49
average. This is 2 per cent below the revised August index of 149 but 8
per cent above the 135 level of September a year ago.
Index of department store sales l/
19^7_49 =100
Adjusted for seasonal variation
Without seasonal adjustment

Sept.

19#
Aug.

July

1958
Sept

el46
el47

149
132

150
121

135
137 .

WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago
One week ending

District

Oct. 31 Sent. 261 Sept. 191 Sent. 12*

Four weeks
ending
Oct. 3

to
Oct. 3

Boston
New York
Philadelphia
Cleveland

- 5
- 9
-11
- 5

+
r+
r+
+

3
7
2
5

+18
+20
+16
+20

-14
-17
-17
-11

0
0
- 3
+ 2

+
+
+
+

3
3
5
7

Richmond
Atlanta
Chicago
"St. Louis

-11
- 5
+'5
-11

+
r+
+
+

2
8
7
3

+16
+13
+17
r+12

-15
+ 4
-10
- 9

+
+
-

2
5
5
1

+
+
+
+

4
7
9
6

+ 7
0
- 6
+13

+13
+ 5
+ 2
r+ 9

+19
r+ 6
+ 4
+16

-

+
+
+

8
2
2
9

+ 6
+ 7
+ 7
+11

- 2

+ 7

+16

+ 3

+ 7

Minneapolis
Kansas City
Dallas
San Francisco

;

U. S. Total

^

6
3
7
1

- 8

U. S. weekly index. without seasonal adjustment, 1947-49=100 2/
1969
Sept.
SeptT
Sept.
Sept.
Oct.

5
12
19
26
3

148
133
158
145
142

19.58
Sept.
Sept.
Sept.
Sept.
Oct.

6
13
20
27
4

123
145
136
136
145

1957
Sept.
Sept.
Sept.
Sept.
Oct.

7
14
21
28
5

121
140
135
139
136

r—Revised.
e—Estimated.
l/ Monthly indexes refer to daily average sales in calendar month. September
figures estimated from weekly sales.
2/ For description and weekly indexes for the period January 1937 to March 1958
see Federal Reserve Bulletin for April 1958, pp. 412-421.
Weekly indexes at the district and city levels are published by several of
the Federal Reserve Banks.
* Labor Day in 1958 occurred in the week ending September 6, whereas this year
it occurred one week later. Therefore, the week ending September 12, 1959 had
less trading day than the week ending September 13 last year.
forone
FRASER

Digitized