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FEDERAL

*****

statistic

0

RESERVE

reI e

FOR IMMEDIATE RELEASE
November 6, 1961.

g.7,%:
MONTHLY DEPARTMENT STORE STOCKS
(Based on retail dollar amounts)

&
RESERVE'S

SEPTEMBER 1961

Department store inventories rose further in September to
a new high. The seasonally adjusted index is estimated at 170 per
cent of the 1947-49 average compared with 169 in August and a revised
figure of 168 for September I960.

#

Federal Reserve
District

#

#

#

Index numbers
(Averase end-of-month stocks 1947-49=100)
Unadjusted
Seasonally adjusted
I960
1961
I960
1961
Sept.
Aug.
Sept.
Sept,
Sept.! Aug.

Percentage
change Sept.
1961 from *
Month Year
ago
ago

160
151
170
151

157
150
rl65
151

152
rl52
rl65
154

168
158
179
157

152
147
rl58
145

159
rl60
rl73
160

+ 2
0
+ 3
0

+
+
-

Richmond
Atlanta
Chicago
St. Louis

pl88
P239
166
154

189
239
160
154

rl89
230
160
152

pl99
p249
173
163

186
231
156
152

r200
239
166
161

- 1
0
+ 4
0

- 1
+ 4
4. 4
+1

Minneapolis
Kansas City
Dallas
San Francisco

P153
P173
P1S7
pl80

157
172
190
182

163
171
rl90
rl79

P159
P178
Pl99
P190

154
170
190
180

169
176
201
rl89

- 2
+1
- 2
-1

- 6
+ 1
- 1
0

P170

169

rl68

P178

165

rl?6

+1

+ 1

Boston
New York
Philadelphia
Cleveland

United States

6
1
3
2

* Based on seasonally adjusted indexes.
p—Preliminary.
r Revised.
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.