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BOARD OF GOVMMORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE H.8& December 13} 1956 Since sales rise sharply with the approach of Christmas, the fact that —the corresponding"; week last year was two days nearer Christmas becomes significant in comparing weekly data. In general, this causes weekly data to show a less favorable comparison with the previous year than if strictly comparable calendar periods were available. This should be taken into consideration in evaluating weekly percentage changes from a year ago, WEEKLY DEPARTMENT STORE SALES JTJ Federal Reserve District . Percentage change from corresponding period a year ago (Based on retail dollar amounts) Four weeks One week ending ending Dec»ti|Dec. l|Nov.2U I Nov. 17 Dec. ti Boston New York Philadelphia Cleveland k - 7 - h - 3 -U 0 r- 1 + 1 + 1 0 0 - 7 + + + + 2 9 7 5 - 2 0 0 - 1 + + + + Richmond Atlanta Chicago St. Louis - 4 1 u 9 -3 r- 1 + 6 + 4 + + + + 1 8 6 u + 9 + 9 .+ 5 0 + 2 + 3 0 +3 +3 Minneapolis Kansas City Dallas San Francisco + ~ - 3 9 5 6 + 3 + 1 r-11 r- 9 + + - 8 1 2 h + + + + - U - 1 U. S. Total 1926 Sov. Nov* Nov; Dec. Dec. 10 I? 2U 1 8 137 l$l 1U8 196 225 - 1955 Nov. Nov. Nov. Dec. Dec. 12 19 26 3 10 + 1 lUl 1U2 1U6 197 235 + 5 6 1 1 2 + 5 - 3 - U . -5 + 6 0 :ov. 13 Nov. 20 Nov. 27 Dec. it _Dec. 11 2 3 3 3 + 2 + 5 + + + + k 1 2 1 + 3 130 13U 133 192 22k "r—Revised. 1/ For description and weekly indexes for the period January 1937 to March 1952 see Federal Reserve Bulletin for April 1952, pp. 359-362. Indexes for the period April 1952 to .date may be obtained upon request from the Division of Research and Statistics. Weekly indexes at the district and city levels are published by several of the Federal Reserve Banks«
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