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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE

0.7.U.2

May 1, 1956

MONTHLY DEPARTMENT STORE STOCKS

DATA Flit

"(Based on retail dollar amounts)

MARCH 1956
Seasonally adjusted department store
stocks in March declined from the level of the
preceding month. The adjusted index i s
^
at 135 per cent of the 19U7 -U9 average^
with 138 for February. The value of stocks at
the end of the month was 9 per cent grkafeil' thalpb
a year ago.
F E D E R A L . REShRVt

(AGO

Federal Reserve
District

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

United States

(average end-of-month stocks 19U7-U9-100)
Unadjusted
Seasonally adjusted
195T
1956
1P55T
T955~
Feb.
Mar.
Mar.
Mar.
Mar. I Feb.
127
122
131
122
159
pl62

128
132

130
plU8
pl56
plU2
pl35

128
12k
131
12U

119
113

118
113

120

122

126

rl26
119

122

16U

150

1U9
156
rl22

129
125
135

116

116
117

Percentage change
March 1956 from
Month
ago

Year
ago

7
7
7
6

+ 6
+ 8
+10
+ 8

9

+
+
+
+

+11
+ 8
+ 7
+13

162

Ihh

16b
131
137

rl20
117

130
1U0

162
12U
130

116

127
1U3
153
136

119
rl37
rll+7
rl30

5

1U6

rl33
rlU2
rl30

13 h
pl53
pl63
plU2

6
6

5

+12
+12
+10
+ 9

138

12U

P 139

131

127

+ 6

+ 9

132
1U8
158

150

pl69

12U

h

5

8

p—Preliminary.
r—Revised.
Note:—Indexes 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. lU63-l5l5* Indexes for the most recent
thirteen-month period are shown regularly in the Bulletin. Percentage changes
are based on unadjusted indexes.