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t\^,.y#X#OARD OF GOVERNORS OF THE FEDERAL RESERVE"
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5FOBq5MMEDlATE RELEASE
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Q

MONTHLY DEPARTMENT STORE STOCKS

°

(Based on retail dollar amounts)
MAY 1955
The level of department store stocks at
the end of May was slightly higher than a month
earlier after allowance for the usual seasonal
change. The adjusted index is estimated at 12lt
per cent of the 19U7-U9 average, compared with 123
for April and 121 for May last year. The seasonally adjusted stocks index has averaged 123 in the
first five months of 1955•

Federal Reserve
District

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
United States

Index numbers
(average end-of-month stocks 19h7-U9*100)
Unadjusted
Seasonally acljusted
1954
1955
1954
1955
May
Apr.
May
May
May
Apr.

Percentage change
May 1955 from
Month
agp
-

2
3
1
i
t

Year
ago
+
+
-

1
3
3
3

pl22
110
119
pllU

121
111
rll5
IU4

120
rllU
116
117

pl23
113
123
pll6

125
117
rl24
120

121
rll7
rl20
119

138
1U7
123
121

1U2
1U5
120
125

137
137
122
118

11*6
Ht9
125
127

153
153
125
13U

146
138
124
123

- 5
- 3
0
- 5

0
+ 8
+ 1
+ 3

pll6
pl37
124

113
rl38
136
12U

111
128
rl29
119

pll8
148
pl38
135

118
148
144
133

113
136
rl3l
129

0
0
- 4
+ 2

+
+
+
+

pl2lt

123

121

pl28

130

126

- 2

+ 2

iho

5
9
6
5

p—Preliminary,
r—Revised,
Note:—Indexes and percentage changes are based on value of stocks at end of
month. For description and monthly indexes for the period January 1919
to October 1951 see Federal Reserve Bulletin for December 1951, PP. lu°31515. Indexes for the most recent thirteen-month period are shown
regularly in the Bulletin, Percentage changes are based on unadjusted
indexes.
"