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a

FEDERAL
statist! rci

RESERVE

r' 19 s e

LIBRARY
G.7.4.2

FOR IMMEDIATE RELEASE
December 6, 1962

V*.

c/R'j/ occcRVt-S*\

„?6imm5®-AKTMENT STORE STOCKS
(Based on retail dollar amounts)
October 1962
Department store inventories advanced to a new high in October,
after allowance for the usual seasonal change. The index for the month
is estimated at 120 per cent of the 1957-59 average compared with 118 in
September and 112 in October 1961.

Federal Reserve
District

Index numbers
(Average end-of-month stocks 1957-59=100)
Unadjusted
Seasonally adjusted i
1961
1961
1962
1962
Oct.
Oct.
Oct. I Sept
Oct. Sept.

Boston
New York
Philadelphia
Cleveland

116 114
118 116
114 rll2
118 118

Richmond
Atlanta
Chicago
St. Louis

119 117 !
125 119 •
124 122
117 115

Minneapolis
Kansas City
Dallas
San Francisco
United States

113
rllO
107
114

134
134
131
135

123
121
rll9
125

131
rl25
rl23
130

+ 1
+ 2
+ 2
0

+
+
+
+

Ill
110
113
114

135
140
135
133

126
126
129
123

126
123
123
130

+ 5
+ 2
+ 2

+ 2

+ 7
+14
+10
+ 3

127 rl20
116
P 123
pl26
117
|pl43 132

123
rl22
rll7
rl28

0
0
+ 2
+ 2

+ 4
+ 1
+ 8
+11

125

125

+ 2

+ 8

113 rll3
pill 111
pll2 110
pl29 127

109
110
rl03
rll6

118

112

pl20

Percentage
change Oct.
1962 from*
Year
Month
ago
ago

P135

4

—

2
7
7
4

nNote:—Indexes are based on value of stocks at end of month, tor description of
the series see Federal Reserve Bulletin for July 1962r pp. 803-808. 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.

#