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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 0.7 .U«2 ' MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) FOR BEj^DdME RELEASE March 8, S M L * ^ o ^5>^s ^ c>^' Department store stocks at the enct^p^ January declined from the December level after allowance for the usual seasonal change. The seasonally adjusted index for January is estimated at 120 per cent of the 19l±7-lt9 average, compared with 123 for December and 12U for January 1953» Indexes (19lt7-U9 = 100) Seasonally adjusted Unadjusted 195U 1953 195U 1953 Jan Dec. Jan. Jan. Dec. [ Jan. Federal Reserve district Boston New York Philadelphia Cleveland ; pHU 111 113 pill* 112 113 rll7 121 115 rll5 116 Ilk Richmond Atlanta Chicago St. Louis P13U pllt2 117 117 132 1U2 122 118 rlb2 Minneapolis Kansas City Dallas 105 pl30 P129 123 111 133 131 129 129 P120 123 San Francisco United States pl02 98 98 % OQ Percentage change from Month Year ago ago 103 rl02 pioU 105 10U rl03 106 pl20 pl30 108 99 115 125 111 101; rl27 131 109 105 + 5 + i. j - 5 - 2 -1 -1 - 6 135 132 99 pl20 pll6 111 101 117 120 108 105 rll9 rl21 119 + + + - rl2it pl08 109 rll2 - 1 ihh 119 125 ill 101 10U - 3 - 5 - 5 - 2 2 3 3 3 - 1 - h - 3 0 -i 6 1 h 7 - 3 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. l j 6 i.3 1515. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin. Per cent changes are based on unadjusted indexes.
