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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.U.2

'

IMMEDIATE RELEASE

4py?

#

*
M N H Y DEPARTMENT STOffi&jQCKS
OTL
(Based on r e t a i l

'v '

9/

&

l j 1955
'&$S

FEBRUARY 1955
Department store stocks declined i n
February a f t e r allowance f o r the usual seasonal
change, The adjusted index i s estimated a t 121
per cent of the 19ii7-li9 average, compared with
123 f o r January and 118 f o r February a year ago.

Federal Reserve
district

Index numbers
(average end~of-month stocks 19li7-ii9=100)
Unadjusted
Seasonally adjusted
1955
1951*
1955
19 51
Jan.
Feb.
Feb.
Feb.
Jan,
Feb.

Percentage change
February 1955 from
Month
ago

Year
ago

Boston
New York
Philadelphia
Cleveland

P117
109
llU
pll2

119
112
rll8
112

112
107
113
113

pill
106
112
pllO

107
100
rl03
102

106
101*
111
111

+
+
+
+

k
6
9
8

+h
+2
4- 1
- 1

Richmond
Atlanta
Chicago
S t , Louis

pl37
plU6
118
122

139
1U6
118
127

rl31
111
117
rl!3

P132
piL5
lilt
116

125
133
108

rl26
139

107

108

+
+
+
+

6
8
5
8

5
+h
0
+ 7

Minneapolis
Kansas City
Dallas
San Francisco

Pii5
133
pl29
125

113
rl32
128
129

110
128
rl28
121

pill
130
pl26
118

106
122
115
117

106
rl26
rl25
113

+ s
+ 7
+10
+ 1

+ 5
+h
+l
+ h

pl21

123

rll8

pll7

111

Ilk

+ 6

2

United S t a t e s

111

p—Preliminary.
r—Revised.
Note:—Indexes and percentage changes are based on value of stocks a t end of
month. For d e s c r i p t i o n and monthly indexes f o r the period January 1919
to October 1951 see Federal Reserve B u l l e t i n f o r December 1951, pp. 11*631515. Indexes f o r the most recent thirteen-month period are shown regul a r l y i n the Bulls t i n . Percentage changes are based on unadjusted indexes.