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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
April 14, 1961.

>.7,4.2
V
Xv

MONTHLY DEPARTMENT STORE STOCKS
(Based on retail dollar amounts)

1

FEBRUARY 1961
Department store stocks declined further in February
from the January level after allowance for the seasonal adjustment. The February index is estimated at 160 per cent of the
1947-49 average compared with 162 in January and 160 in
February a year ago.

Federal Reserve
District

Index numbers
(Average end-of-month stocks 1947-49=100)
Unadjusted
Seasonally adjusted
I960
1961
I960
1961
Feb,. | Jan.
February
Feb. | Jan.
Feb.

Percentage
change Fe]j>.
1961 from
Month Year
ago
aeo
- 1
- 2
- 3
0

+ 2
+ 1

-

- 1
- 1
+ 1
0

Boston
New York
Philadelphia
Cleveland

146
148
157
pl42

147
150
161
142

143
146
160
142

137
138
151
pl36

131
136
142
125

134
rl37
154
136

Richmond
Atlanta
Chicago
St. Louis

pl76
p222
148
145

181
224
149
rl47

179
225
147
145

pl65
p222
140
138

160
207
134
rl31

167
223
139
138

Minneapolis
Kansas City
Dallas
San Francisco

143
pl64
176
pl82

146
169
181
178

145
162
180
rl78

137
pl58
171
pl67

135
152
160
158

139
156
175
rl64

- 3
- 3
+ 2

pl60

162

160

pl 52

145

152

- 1

United States

2
1
1
1

- 2

- 2
0

+
+

1
1
2
2
0

*--Based on seasonally adjusted indexes,
p—Preliminary,
r—Revised,
Note:—Indexes are based on value of stocks at end of month. For description of
the series see Federal Reserve Bulletin for December 1957, pp. 1323-1336,
Back data may be obtained from the Division of Administrative Services,
Indexes for the most recent thirteen-month period are shown regularly in
the Bulletin.