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* H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
December 31, 1959.
WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago
(Based on retail dollar amounts)
Jan. 1
Four weeks
One week ending
to
ending
Dec. 26
Dec. 26
Dec. 26*IDec. 191Dec. 121Dec. 5

Federal Reserve
District
Boston
Now York
Philadelphia
Cleveland

+20
+20
+17
+19

+5
+8
+5
+5

+1
+1
- 4
- 1

+4
+4
0
+4

+
+
+
+

6
7
3
6

+
+
+
+

4
4
4
7

Richmond
Atlanta
Chicago
St. Louis

+16
+22
+19
+16

r 0
+3
+3
+1

- 3
+4
+2
+1

- 4
+5
0
— 2

+
+
+
+

1
7
5
3

+
+
+
+

3
7
8
6

Minneapolis
Kansas City
Dallas
San Francisco

+19
+13
+23
+22

+1
- 1
+5
r+ 6

+1
+1
+2
+4

- 1
- 3
+3
0

+
+
+
+

4
2
7
7

+
+
+
+

5
6
7
9

+20

+5

+ 2

+2

+ 6

U. S. Total

I

+ 7

U, S, weekly index, ifithout seasonal adjustment, 1947-49=100 l/
1959
Nov.
Dec.
Dec,
Dec.
Dec.

28
5
12
19
26

176
249
298
318
246

1958
Nov.
Dec.
Dec.
Dec.
Dec,

29
6
13
20
27

171
244
293
304
205

19 57
Nov.
Dec.
Dec.
Dec.
Dec.

30
7
14
21
28

170
230
285
294
158

r—Revised.
1/ 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.
* The large increases shown for this week reflect in part the fact that this
year Christmas was on Friday and the week therefore included 4 days of heavy
pre-Christmas shopping; in the corresponding week last year Christmas was on
Thursday.