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FEDERAL RESERVE statistical FOR IMIEDIATE RELEASE, _ , September 6, 1962 H.8a Department store sales in August declined slightly from July. The seasonally^adjusted index for August is estimated at 114 per cent of the 1957-59 average compared with 115 in July and. 110 in August 1961. 1962 1961 Monthly sales index 1957-59 = 100 1/ Aug. July June August .Adjusted for seasonal variation ell4 115 111 110 TT ithout seasonal adjustment 0IO3 96 105 100 VTDSKLY DEPA'cTII^T OTORE SALES Percentage change from corresponding periods -a year ago Federal Reserve Boston New York Philadelphia Cleveland + 8 +8 Richmond Atlanta Chicago St. Louis + 6 r+3 + 4 + 8 +2 + 4 + 6 + 8 r-3 +6 + 4 +5 +4 6 4 1 1 0 r- 2 - 4 +3 +6 -1 +2 +2 j + + + | + 5 r- 3 +4 +9 + 5 Minneapolis Kansas City Dallas oan Francisco _ - U. .3. Total ' - 5 - 1 - 2 r- 9 +1 +1 +3 r+ 1 r-2 -5 +12 +11 +3 +1 AUg. ^ Aug. 11 Aug. 18 Aug. 25 Sept.. 1 cc 1:: i:6 no? 117 1961 -ug. • + 3 + 4 + 3 + 5 + 4 + 4 - 1 + 2 + 4 + 2 + 6 + 6 + 5 + 5 + 3 + 3 + 3 + 1 + 2 + 1 + 2 +6 +9 +3 + 5 + 6 + 6- +3 +6 + 3 + 5 +2 . U. 3. weekly sales index, without seasonal adjustment , 1962 Jan. 1 to Sept. 1 ?our weeks One week ending ending Sept. It Aug. 251 Aug. 181Aug. 11 Sept. 1 District"""' 5 95 Aug. 12 94 Aug. 19 AUg. 26 Sept. 2 103 110 111 1957-59 = .100 1/ I960 AUg. 6 Aug. 13 Aug. 20 Aug. 27 Sept. 3 92 95 100 104 106 r—Revised e—Estimated 1/ Monthly and weekly indexes of department store sales have been revised. For description of revision of monthly indexes sec 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.