View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

/ '

LM

'-"

H.Ba

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
March 16, 1961.
WEEKLY, ^DEPARTMENT STORE SALES

Federal Reserve
District
Boston
New York
Philadelphia
Cleveland

Percentage change from corresponding period & year ago
(Based on retail dollar amounts)i/
Jan. 1
Four weeks
One week ending
ending
to
Mar. 111 Mar. 41 Feb. 2<5lFeb. 18
Mar. 11
Mar. 11
+14
. +11
+17
+11

+62
r+38
r+44
+25

+15
+17
+12
+ 6

+10
+23
+21
+ 8

+22
+21
+22
+12

+
+
+
+

+24
+17

+12
+14
+ 9
+11

+11
- 7
- 1
+ 7

+21
+13
+ 5
+19

+ 3
+ 2
0
+ 3

7
2
1
1

Richmond
Atlanta
Chicago
St. Louis

+29

r+45
+29
r+15
+31

Minneapolis
Kansas City
Dallas
San Francisco

- 1
+14
+ 9
+ 2

+ 6
r+25
+11
+ 8

+10
+24
+ 8
+ 2

+
+
+
+

1
6
2
4

+ 4
+17
+ 8
+ 4

- 1
+ 9
+ 1
0

+ 9

r+24

+11.

+ 7

+13

+ 2

- 2

U.S. Total

U. S. weekly index, without seasonal adjustment. 1947-49=100 2/
1961
Feb.
Feb.
Feb.
Mar.
Mar.

11
18
25
4
11

111
115
122
rl22
127

I960
F eb. 13
Feb. 20
Feb. 27
Mar. 5
Mar. 12

115
107
110
98
116

1959
Feb. 14
FebT. 21
Feb. 28
Mar. 7
Mar. 14

111
109
118
118
124

r—Revised. ^
.1/ During March and April changes from a year ago reflect in part the fact that last
year Easter was on April 17 while this year it will be on April 2. For this reason
it is estimated that in comparison with last year an allowance should be made for an
increase in sales of about 8 per cent for the month of March as a whole and a corresponding decrease for the month of April. These figures apply to the figures for
the United States.
2/ For description and weekly indexes for the period January 193? 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.




i