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FEDERAL

RESERVE
FOR IMMEDIATE RELEASE
April 12, 1962

•J5EKLY /DEPARTMENT STORE SALES
*Interpretation-of the weekly percentage changes during the Easter season is
the shifting date of the holiday (this year, April 22 and last year,
Aprsl 2 ) ^ •"Adjustment factors have been developed for this calendar irregularity.
-For the week ending April 7 the factor is +15; this yields an "adjusted" yearto-year change for the United States of + 7 per cent.
x

j Percent
District

1 year
Jan. 1
to
Aoril 7

Four weeks
One week ending
ending
(April 7lMarch 311March 241 March 17 Aoril 7
!

Boston
New York
Philadelphia
Cleveland

+22
+22
+22
+26

3
0
r+ 6
4
-

- 2
0
- 3
- 4

-

2
5
8
7

+
+
+
+

2
4
4
2

+
+
+
+

2
4
2
1

+23
+13
+27
+18

4
8
6
3
-

- 1
0
+ 4
+ 4

+
+
-

7
3
3
2

+
+
+
+

2
2
9
4

+
+
+
+

2
3
4
2

5
6
7
- 7

+
+

3
6
1
2

-12
- 3
- 3
+ 7

0
+ 2
+ 1
+ 3

- 1
0
+ 3
+ 5

j +22

- 2

+ 1

- 1

+ 4

+ 3

j+ 7

+ 3

+11

+ 6

Richmond
Atlanta
Chicago
St. Louis
Minneapolis
K-.nsas City
r..llas .
San Francisco
U, S. Total,
| * "Adjusted" U.S.

+22
! +15
j +13
j +14

-

-

..

U. S. weekly index, without seasonal adjustment. 1947-49 = 100 1/
1962
Mar.
Mar.
Mar.
Mar.
Apr.

10
17
24
31
7

120
138
141
148
156

1961
Mar.
Mar.
Mar.
Apr.
Apr.

11
18
25
1
8

128
140
140
151
128

1260
Mar.
Mar.
Mar.
Apr.
Apr.

12
19
26
2
9

116
129
131
143
153

r—Revised
1/ For description and weekly indexes for the period January 1937 to March 1958
see Federal Reserve Bulletin for April 1953, pp. 412-4-21.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.