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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
|
FOR IMMEDIATE RELEASE
December 29, I960.
„
|
WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District
, Percentage change from corresponding period a1 year ago
(Based on retail dollaramounts)
Jan. 1
Four weeks
One week ending
to 1
ending
Dec. 24* (Dec. 171 Dec. 101 Dec. 3
Dec. 24
Dec. 24
Boston
New York
Philadelphia
Cleveland
+40
+22
-14
-12
-19
- 2
Richmond
Atlanta
Chicago
St. Louis
+34
+22
+28
+18
-12
+ 2
0
+ 4
Minneapolis
Kansas City
Dallas
San Francisco
+28
+25
+24
+23
+39
+43
U . S . Total
+30
0
+ 2
0
+ 2
- 6
- 7
- 9
-10
1
+ 3
+ 4
0
+ 2
+ 2
. + 5
0
+ 1
3
1
1
3
- 9
- 8
- 6
-10
+
+
+
+
1
2
5
2
+
+
-
2
6
1
5
0
-3
-10
-3
- 6
- 5
-10
- 4
+
+
+
+
4
5
1
1
+ 2
0
- 3
- 1
- 4
- 1
+ 4
+ 1
+
+
r-
r+
-
1
1
1
1
U. S. weekly index, without seasonal adjustment, 1947-49=100 1/
I960
Nov.
Dec.
Dec.
Dec.
Dec.
26
3
10
17
24
173
231
296
305
320
1959
Nov.
Dec.
Dec.
Dec.
Dec.
28
5
12
19
26
176
249
298
318
246
1958
Nov,
Dec.
Dec.
Dec,
Dec.
29
171
6 " 244
13 - 293
20
304
205
27
r—Revised,
l/ For description and weekly indexes for the period January 1937 to March 1958
see Federal Reserve Bulletin for April 19^9, pp. 412-421.
Weekly indexes at the district and city levels are published by several of
the Federal Reserve Banks.
*—The large percentage changes shown for this week are due mainly to the difference in timing of Christmas 1959 and I960. Christmas in 1959 fell on Friday
whereas this year it was on Sunday. Therefore, the week ending Dec. 24, i960
had the advantage since it included 6 pre-Christmas shopping days, while the
1959 week ending Dec. 26 contained 4 pre-Christmas shopping days, 1 holiday
and 1 post-Christmas shopping day.
@FedFRASER