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FEDERAL

RESERVE

statistical

FOR IMMEDIATE RELEASE
September 8, 1961.
MONTHLY D E M m i M e S T O R E STOCKS
(Based on retail dollar amounts)
JULY 1961
Department store inventories increased 2 per cent from
June to July, after seasonal adjustment. The July index, at 166 per
cent of the 1947-49 average, was about unchanged from the corresponding
month a year-ago.

Federal Reserve
District

Index numbers
(Average end-of-month stocks 1947-49=100)
Unadjusted
Seasonally adjusted
I960
1961
I960
1961
July
June
July
July
July
June

Percentage
change July
1961 from *
Month Year
ago
ago

Boston
New York
Philadelphia
Cleveland

155
149
167
pl52

155
148
rl65
147

149
rl50
rl65
160

141
135
150
pl40

146
139
rl54
140

135
rl36
rl48
147

0
0
+ 1
+ 3

+ 4

Richmond
Atlanta
Chicago
St. Louis

pl88
227
159
151

184
227
151
152

188
227
155
154

Pl73
211
156
143

173
213
148
143

173
211
152
146

1 + 2
0
+ 5
0

0
0
+ 2
2

Minneapolis
Kansas City
Dallas
San Francisco

161
P171
pl82
P176

151
166
180
178

157
165
190
rl79

152
pl64
Pl73
Pl73

142
163
167
173

148
158
180
rl76

+ 3
+ 1

7

+ 3
+ 3

1

4
2

pl66

164

167

P157

156

rl57

+ 2

0

United States

1

-

+ 1

5

—

-

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

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