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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.