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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM G.7.1.2 / . ^ < c V^ V a ^ ® FOR IMMEDIATE RELEASE October 1, 195U MONTPILY 2€KS MONTPILY DEPARTMENT DEPARTMENT STgRE STQRE %m^CKS (Based on retail dolla^&amom^s) Department store stocks atQj^&nd of August continued at the July level afteP allowance for the usual seasonal change, The adjusted index is estimated at 12lt per cent of the 19ii7-U9 average, compared with 12U at the end of July and 131 at the end of August 1953. The adjusted index has averaged 121 during the first eight months of 195k, Federal Reserve district Percentage change Index numbers (average end-of-month stocks 19U?-it9 =100) August 195U from Unadjusted Seasonally adjusted Year Month 19b3 19i>U 1953 1954 ago ago July Aug, Aug. July Aug. Aug. 9 7 6 4- 6 + - 1 5 6 6 k 6 k 1 - 6 U 3 8 h 3 -f h 2 — - 1 5 8 5 119 115 115 116 116 117 116 117 119 rl21 122 12k 115 111 109 112 105 10ii 103 106 liU rll7 116 119 + + + Richmond Atlanta Chicago St. Louis 139 pl36 12 h 116 138 137 122 129 rlU9 1U1 128 13 U 139 Pl36 118 119 13 k 128 11U 120 rlU8 1U1 121 130 + Minneapolis Kansas City Dallas 119 pl38 P131 129 rll3 133 133 129 120 11*5 Ht2 135 11U pl29 P129 122 rl09 125 123 125 115 137 rl39 128 pl2U 12 k 131 P 120 115 126 Boston New York Philadelphia Cleveland San Francisco United States + — + + + u - 5 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. Ili631515. Indexes for the most recent thirteen month period are shown regularly in the Bulletin. Per cent changes are based on unadjusted indexes.
@FedFRASER