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F E D E R A L
s t a t i s t i c a l

R E S E R V E

r e I

~"'%pv
FOR IMMEDIATE i_
August 2, 1962

H.8a

r -• Department store sales in July advanced z4 per cent from June. The
seasonally Adjusted index for July is estimated at 115 ner cent of the 1957-59
-average compared™with 111 in June and 110 in July 1961.
1962
1961
Monthly sales index 1957-59 = 100 if
July
June
May
July
Adjusted for seasonal variation
ell5
111
115
110
Without seasonal adjustment
e 96
105
110
92
WEEKLY pEPARTriENT STORE SALES
Federal Reserve
District

Percentage change from corresponding period a year ago
(Based on retail dollar amounts)
''our weeks Jan. 1
One week ending
to
ending
July 281July 211 July 141July 7 July 28 July 28

Boston
New York
Philadelphia
Cleveland

+ 2
+ 6
0
+ 5

+10
r+ 1
+ 7
- 3

+ 2
+ 6
r+12
+ 7

+ 4
+ 6
- 4

Richmond
Atlanta
Chicago
St. Louis

0
+ 4
+ 8
+ 4

r+ 6
r+12
+14
r+10

+ 6
+10
+ 7
+13

+ 2
+ 6
3
+11

Minneapolis
Kansas City
Dallas
San Francisco
X

+ 9
+10
r+ 1

U.S. Total

+ 6

+ 7
+ 8
+17

r+ 6

- 2

r+
t
+
+

7
4
9
7

+ 4

5
5
4
2

+
+
+
+

4
4
5
3

+ 3
+ 9

+
+
+
+

4
6
7
6

+ 7
+ 6
+10
+ 6

+
+
+
+

1
3
7
6

+ 6-

+ 5

+
+
+
+

II.5. weekly sales index, without seasonal adjustment, 1957-59 = 100 1/
1962
June
July
July
July
July

30
7
14
21
28

94
85
96
93
95

1961
July 1
July 8
July 15
July 22
July 29

90
82
90

I960
July
July
July
July
July

2
9
16
23
30

91
78
86
87

r—Revised
•
e—Estimated
1/ Monthly and weekly indexes of department store sales have been revised. For
description of revision of monthly indexes see Federal Reserve Bulletin for July
1962. A description of revision of weekly indexes will appear in Bulletin for
August 1962.
"
Monthly indexes refer to daily average sales in calendar month. July figures
estimated from weekly sales.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.