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BOARD OF GOVERNORS OF THE FEDERAL RESERVE S Y S f W

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7

'iBd^^495U

MONTHLY DEPARTMENT STORE STOCKS
(Based on r e t a i l d o l l a r amounts) "

L
I

RELEASE

FEBRUARY 195k
Department s t o r e stocks a t t h e end of
February showed l i t t l e change from t h e January
l e v e l a f t e r allowance f o r seasonal v a r i a t i o n .
The s e a s o n a l l y a d j u s t e d index f o r February i s
e s t i m a t e d a t 119 per cent of the 19k7-k9 average,
compared with 120 f o r January and 123 f o r February 1953.

Federal Reserve
district

Boston
New York
Philadelphia
Cleveland

Index numbers
Percentage change
(average end-of-month stocks 19k7-k9=100) Feb. 195k from
Seasonally a d j u s t e d
Unadjusted
Month
Year
195k
1953
195k
1953
ago
ago
Jan.
Feb.
Feb.
Feb.
Jan.
Feb,
112
10?
111*
113

lilt
111
rill*
115

liU
rll2
115
115

106
10k
111
111

102
98
r 99
10k

108
rl09
112
113

+ k
+ 6
+12
+ 7

-

2
k
1
1

Richmond
Atlanta
Chicago
S t . Louis

132
plitl
117
127

13 k
llt-2
117
117

rl39
116
119
119

127
Pl39
Ilk
108

120
130
108
99

rl3k
lkk
116
113

+
+
+
+

-

5
k
2
5

Minneapolis
Kansas City
Dallas
San Francisco

110
pl30
pl29
121

rl06
128
128
123

113
rl30
13k
133

106
pl28
pl26
113

rlOO
118
115
111

109
127
132
125

+ 6
+ 8
+10
+ 2

- 2
0
- k
- 9

P119

120

123

Pii5

108

119

+ 6

-k

United S t a t e s

5
7
5
9

Note:—Indexes and percentage changes are based on 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 p e r i o d January 1919 t o October 1951
see Federal Reserve B u l l e t i n f o r December 1951, pp. I l t 6 3 - l 5 l 5 . Indexes f o r
the most r e c e n t thirteen-month period are shown r e g u l a r l y i n t h e B u l l e t i n .
Per cent changes a r e based on unadjusted indexes.

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