Full text of H.8a Weekly Department Store Sales : April 9, 1959

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*H.8a.

BOARD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
A p r i l 9, 1959.

Department s t o r e s a l e s r o s e f u r t h e r i n March and t h e s e a s o n a l l y a d j u s t e d
index i s e s t i m a t e d t o have reached l l | l per c e n t of t h e 19U7-49 average, a r e c o r d
high f o r March.
Index of department s t o r e s a l e s 1 /
19U7-U9 = 100
Adjusted f o r s e a s o n a l v a r i a t i o n
Without s e a s o n a l adjustment

Mar.

1959
Feb,

Jan.

elUl
e l 27

139
106

138
106

19#
Mar.
.

131
116

WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District
Boston
Mew York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
. S t . Louis
Minneapolis
Kansas City
Dallas
San F r a n c i s c o
U . S . Total

Percentage change from corresponding p e r i o d a year ago
•'(Based on r e t a i l d o l l a r amounts)£/
Four weeks
Jan. 1
One week ending
ending
to
Apr. U| Mar. 281 Mar, 21| Mar. 1U
April U
April k
-18
-18
-21
-lk

+ 8
r+ 3
4
r+16

+29
+16
+35
+15

-10
- 7
+ 4
+ 7

+
+
+

-17
-12
- 5
-12

+15
r+22
+16
+20

+37
+10
+10
+15

+10
+ k
+15
+18

+ 9
+ 6
+ 9
+10

JLZ.
+ 7
+ 8
+ 9

-17
-10
-11
- 8

+12 """ +1U
r+18
+17
+12
+2U
+26
+17

+ 9
+19
+12.
+18

+ k
+10 .
+ 8
+13,

+ k
+11
+ 9
+13

-13

+16

+ 9

+ 7

+J3

+

+17

1
2
3
5

+
+
+
+

k
2
7
5

U. S . weekly i n d e x , without s e a s o n a l a d j u s t m e n t , 19U7-U9 = 100
1959
Mar. 7
Mar. Ik
Mar. 21
Mar. 28
Apr. k

118
12U137
lliL
117

1958
112
Mar. 8
Mar. 15
11U
Mar. 22 - 117
122
Mar. 29
Apr. 5
13k

1957
Mar. 9
Mar. 16
Mar. 23
Mar. 30
Apr. 6

105
liU
121
120
121

r—Revised.
~
e—Estimated.
1 / Monthly indexes r e f e r t o d a i l y average s a l e s i n calendar month. March f i g u r e s
e s t i m a t e d from weekly s a l e s .
2 / During March and A p r i l changes from a y e a r ago r e f l e c t i n p a r t the f a c t t h a t l a s t
y e a r E a s t e r was on A p r i l 6 while t h i s year i t was on March 29. For t h i s r e a s o n
i t i s estimated t h a t i n comparison w i t h l a s t year an allowance should be made f o r
an i n c r e a s e i n s a l e s of about 2 p e r cent f o r the month of March as a whole and a
corresponding decrease f o r t h e month of A p r i l . These allowances apply t o the
f i g u r e s f o r t h e United S t a t e s .
Weekly indexes a t t h e d i s t r i c t and c i t y l e v e l s a r e p u b l i s h e d by s e v e r a l of t h e
Digitized Ffor
e d eFRASER
r a l Reserve Banks.