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'fwA^U- p&oJC'buay BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.4.2 FOR IMMEDIATE RELEASE May 3, 1961. MONTHLY DEPARTMENT STORE STOCKS (Based on retail dollar amounts) MARCH 1961 Department store inventories increased 1 per cent from February to March reversing the decline that began during December. The seasonally adjusted index for March is estimated at 163 per cent of the 1947-49 average compared with 161 in February and 162 in March a year ago. Federal Reserve District Index numbers (Average end-of-month stocks 1947-49=100) Unadjusted Seasonally adjusted I960 1961 1960 1961 Mar. Feb. Mar. Mar. Mar, | Feb. Percentage change Mar. 1961 jfrom „ Month Year PPO apo 145 147 159 142 146 148 157 142 144 147 159 145 147 150 164 146 137 138 151 136 146 149 164 149 1 0 + 1 0 + 1 0 0 - 2 Richmond Atlanta Chicago St. Louis 182 p221 159 148 181 221 148 145 rl79 225 151 148 186 232 P 159 150 170 221 140 138 rl83 237 151 150 0 0 + 8 + 2 + 2 - 2 + 5 0 Minneapolis Kansas City Dallas San Francisco 146 pl66 174 P179 143 164 rl?8 182 146 160 182 rl82 150 pl69 I83 pl78 137 158 rl72 168 149 rl63 191 rl8l + 2 + 1 - 2 1 — 0 + 4 - 4 - 2 PI63 161 162 pl65 153 165 + 1 0 Boston New York Philadelphia Cleveland United States Note:—Indexes are based on value of stocks at end of month. For description of the series see Federal Reserve Bulletin for December 1957, pp. 1323-1336. Back data may be obtained from the Division of Administrative Services. Indexes for the most recent thirteen-month period are shown regularly in the Bulletin. ^9 M B R A . R Y X *"<•
@FedFRASER