Full text of H.8a Weekly Department Store Sales : March 7, 1957

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H.8a

FOR IMMEDIATE RELEASE
March 1, 1957

Department s t o r e s a l e s i n February were s l i g h t l y lower t h a n i n the
preceding month, a f t e r allowance f o r the u s u a l s e a s o n a l change. The a d j u s t e d
index i s e s t i m a t e d a t 12l| per c e n t of t h e 19U7-U9 average, compared w i t h 12!?
f o r January and 118 f o r February a y e a r ago.
Index of department s t o r e s a l e s 1 /
19!,7-li9=l6o
Adjusted f o r seasonal v a r i a t i o n
Without s e a s o n a l a d j u s t m e n t

1957
Feb,
Jan.
e 12U
e 96

125
95

1956
Dec.

Feb.

129
222

118
92

17EEKLY DEPARTMENT STORE SAIES
F e d e r a l Reserve
District

Percentage change from corresponding p e r i o d

Boston
New York
Philadelphia
Cleveland

(Four weeks
One week ending
I ending
h a r . 2 |Feb. 231|Feb. 1 6 | F e b . 91 Mar, 2
1
+ 5
+13
+15 ; + 5
-12c
+iit
+13
0:
+ 3 : + 7
r+ V
+ 5
-15
- 2 •: ~ 2
\ - h
+ 1
+ 7 I. +1
0

Richmond •
Atlanta
Chicago
S t . Louis

i - 5
i - 5
| - 2
| - 7

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

•
'
I
;

U. S. Total

+
+
+
r-

3
1
5
3

- 2
+11
+10
+ 3

+ 6
- 5
- 6
- h

- 2
- 8
- 9
+ 3

. +10
+ 6
+ 5
+ 5

-U

—+_3

+ 7

+ b
+ 6
+11
- 1

i
!
i

0
+3
+ 5

: ""2
+ 1 : +3
0 .' - 2
0 1 - 3
0
- 5 :
+

h

+

3

Jan, 1
to Har. 2
0
+ 5
- 1
0
'
;
!
;
i

+
+
+
-

3
h
3
1

+ 2
0
0
+ 1
+ 2

U. S. weekly index, 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 , 19^7-^9=100 2 ]
'eb. 2
9k
eb. I
90
86
'5
Feb. 9
101
Feb. 11
97
Feb. 12
92
Feb. 16 102
Feb. 18
95
Feb. 19
90
Feb. 23 100
Feb. 25
97
Feb. 26
93
Mar.
2
100
.
,
Mar. 3
10h
Mar. 5
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. February
195? f i g u r e s e s t i m a t e d from weekly s a l e s . February t h i s year had one l e s s
t r a d i n g day than l a s t .
2 / For d e s c r i p t i o n and weekly indexes f o r the period. January 1937 to March 1952
see F e d e r a l Reserve B u l l e t i n f o r A p r i l 1952, pp. 359-362. Indexes f o r the
p e r i o d A p r i l 1952 to date may be obtained upon r e q u e s t from the D i v i s i o n of
FRASER
Research and S t a t i s t i c s ,

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