Full text of H.8a Weekly Department Store Sales : August 4, 1960

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H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
August 4, i960.

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Department store sales rose further in July to 150 per cent of the
1947-49 average. The seasonally adjusted index for June was 145 and for July
a year ago it was 147. The all-time peak was reached this past April when the
index stood at 154.;
Index of department store sales 1/
1947-49 = 100
Adjusted for seasonal variation
Without seasonal adjustment

July

I960
June

May

1959
July

el50
el23

145
137

141
138

147
121

WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago
Federal Reserve
(Based on retail dollar amounts)
Jan. 1
j Four weeks
One
week
ending
District
to
1
ending
July 30
July 301July 211 July 161 July 9*!
July 30
1
Boston
+ 2
+ 1
-10
- 1
-2
Ke -• York
+ 4
r+10
+ 2
-10
+ 3
Philadelphia
0
+ 1
0
-11
- 4
- 3
Cleveland .
+ 1
+ 6
r+ 1
+ 3
-23
- 5

11

Atlanta
CIA j ago

St. Louis

0
- 4
+ 1
0

r+
+
+

1
6
1
1

Minneapolis
Kansas City
Dallas
San Francisco

+
+
+

+
+
+
r-

4
6
3
3

U. S. Total

7
2
5
1

+ 1

+ 3

1
2
5
3

-16
- 7
-14
-15_

-

5
1
2
3

- 3
+ 1
+ 2
0

+ 1 .
0
- 4
- 8

-10
-11
-16
-18

0
- 1
- 6
- 7

+ 4
- 1
- 2
0

+ 1

-14

- 3

+ 2

r+
+
+

U. S. weekly index, without seasonal adjustment. 1947-49=100 2/
I960
July 2
July 9
July 16
July 23
July 30

126
108
119
rl20
122

1959
July 4
July 11
July 18
July 25
Aug, 1

109
126
118
117
121

„

1958
July
July
July
July
Aug.

5
12
19
26
2

102
116
110
111
114

r—Revised.
e—Estimated.
if Monthly indexes refer to daily average sales in calendar month. July figures
estimated from weekly sales. July this year had one less trading day than last.
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.
*—Independence Day this year occurred in the week ending July 9, whereas last
Digitizedyear
for FRASER
it was one week earlier. Therefore, the week ending July 9, I960 had one
less trading day than the corresponding week last year.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis