View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM
G.7.U.2

FOR IMMEDIATE RELEASE

March 20, 1961.
.•x* '

V. ^

'«J>

:

X

V'

M N H Y DEPARTMENT STORE STOCKS
OTL
(Based on r e t a i l d o l l a r amounts)
JANUARY 1961

v

[ ' / Department s t o r e inventories declined sharply
f u r t h e r i n January and stocks were reduced to the l e v e l of
t h e corresponding month a year ago. The seasonally adjusted
index f o r January i s estimated at l 6 l per cent of t h e 19li7-b9
average, a 3 per cent decrease from the 165 index of December
and 5 per cent below the 169 l e v e l of November.

Federal Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
United States

Index numbers
(Average end-of-month stocks 19U7-b9=100)
Seasonally adjusted 1
Unadjusted
1961
I960"
1961
W
January
Dec. [ J a n .
January
Dec. I Jan.
Ili7

1U7
1U9

Ikh

Percentage
change Jan.
1961 from#
Month Year
ago
ago

131
136
1U2
125

137
1U0
1U8
132

128
132
lliU
125

0
+ 1

1U5

1U6
l6U
1U2

185
233
rl58
1U7

178
227
150
1U9

pl60
p207
13U
130

170
205
rl37
133

pl69
181
P171

rl5l
17U
182
180

1U7
162
186
rl77

135
pl52
160
pl52

pl6l

165

161

pliiU

150

161
1U2
pl8l
p225

lh9

lij.6

1U6

16U

+ 2

+ 3
- 1
0

-

2

-

2

158
207
135
133

-

3
3
5
1

1U0
156
169
165

135
lU6
163
158

- 3
- 3
0
- 5

- 1
+ h

150

lUU

- 3

0

+ 1
- 1
0
- 2

-

- u

"'--Based on seasonally adjusted indexes.
p—Preliminary.
r—Revised.
Note:—Indexes a r e based on value of stocks at end of month. For description of
the s e r i e s see Federal Reserve B u l l e t i n f o r December 1957, pp. 1323-1336.
Back data may be obtained from the Division of Administrative Services.
Indexes f o r t h e most recent thirteen-month period are shown regularly i n
the B u l l e t i n .




2