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%

BOARD - OF-GOVERNORS OF THE FEDERAL RESERVE SYSTEM
!
!
FOR IMMEDIATE RELEASE
April 21, I960.
WEEKLY DEPARTMENT STORE SALES

I Percentage change from corresponding period a year ago
Federal Reserve (_
(Based on retail dollar amounts) l/
Jan. 1
Four weeks
One week ending
District
to
ending
Apr. 16
Apr. 161 Apr. 91Anr. 21M,ar. 26
Apr. 16
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis

+28
+17
+20
+ 9

+21
r+21
r+20
r+24

+21
+29
+41
+32

+14 . +25
i +29
+20
: +29 . r+18
+16
r+17
+15
+11
+21
+25

Minneapolis
Kansas City
Dallas
San Francisco
U. S. Total

9
6
6
9

+14
+14
+17
+13

+
+
+
+

-12
- 7
- 5
- 7

+13
+14
+11
+12

- 2
+ 1
+ 3
-1

-

'

4
5
3
4

+16
+16
+22
+12

r+18
+21
+13
r+ 9

+15
+11
+12
+11

-14
- 5
- 7
- 9

+ 7
+10
+10
+ 5

+
+
+

j +18

+18

+22

- 7

+12

+ 3

4
2
1
2

U. S. weekly index, without seasonal adjustment, 1947-49=100 2/
I960
Mar.
Mar.
Apr.
Apr.
Apr.

19
26
2
9
16

129
131
- 143 •
153
156

1959
Mar. 21
Mar. 28
. Apr. 4
Apr. 11
Apr. 18

137
141
117
130 132

1958
Mar. 22
Mar. 29
Apr. 5
Apr. 12
Apr. 19

117
122
134
110
125

r—Revised.
l/ During March and April changes from a.year ago reflect in part the fact that
last year Easter was on March 29 while "this year it was on April 17. For
this reason it is estimated that in comparison with last year an allowance should
be made for a decrease in sales of about 8 per cent for the month of March as a
whole and a corresponding increase for the month of April. These figures apply
to the figures for the United States.
2/ For description and weekly indexes for the period January 1937 to March 1958
see Federal Reserve Bulletin for April 1958, pp. 412-421.
Weekly indexes at the district and city levels are published by several of
the Federal Reserve Banks.