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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE G.7.4*2 -SEP OAU FILE MONTHLY DEPARTMENT STORE STOCKS "(Based on r e t a i l d o l l a r amounts) APR 7 1958 FEBRUARY 1958 S e a s o n a l l y a d j u s t e d department s t o r e i n v e n t o r i e s d e c l i n e d f u r t h e r i n F e b r u a r y . The s e a s o n a l l y a d j u s t e d index i s e s t i m a t e d a t 146 per cent of t h e 1947-49 a v e r a g e , compared w i t h lit? f o r January and 149 f o r F e b r u a r y l a s t y e a r . The s t o c k s index has d e c l i n e d 6 p e r c e n t s i n c e t h e October 1957 p e a k . F e d e r a l Reserve . ) District Index numbers (Average end-of-month s t o c k s 1947-49=100) Unadjusted Se&Flonally a d j u s t e d 1958 195 d 1957 1957 Jan. Feb. Feb. | J a n . Feb. Feb. Percentage change Feb. 1958 from Month Year ago ago Boston New York Philadelphia Cleveland 127 136 ; 150 130 rl33 13? 154 133 litO 135 149 135 119 127 i a 125 119 122 rl36 117 131 12? 143 129 0 + 4 + 6 + 6 + + - Richmond Atlanta Chicago S t . Louis pl67 p200 | 135 142 167 202 135 143 17 4 200 139 149 pl60 P198 127 138 149 184 123 12? 167 198 131 145 + 7 + 8 + 3 + 8 - 4 0 - 3 - 5 139 Pl5l pl63 pl49 138 153 170 152 144 162 rl?l 151 133 P1U5 Pi58 pllii 12? 137 149 137 138 rl56 165 142 + + + + - pl46 147 149 P139 132 142 Minneapolis Kansas C i t y Dallas San F r a n c i s c o United S t a t e s 5 5 6 3 + 5 9 1 1 4 3 7 5 l - 2 p—Preliminary. r—Revised. Note:—Indexes are based on v a l u e of s t o c k s a t end of month. For d e s c r i p t i o n and monthly indexes f o r t h e p e r i o d January 191*7 t o October 1957 see F e d e r a l Reserve B u l l e t i n f o r December 1957> p p . 1323-1352. Indexes p r i o r t o 1947 may be obt a i n e d from t h e D i v i s i o n of Research and S t a t i s t i c s . Indexes f o r t h e most r e c e n t t h i r t e e n - m o n t h p e r i o d a r e shown r e g u l a r l y i n t h e B u l l e t i n . Percentage changes are based on u n a d j u s t e d i n d e x e s .
@FedFRASER