The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
•- J0** H.8a BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE February 2, 1961. A/7 Department store sales in January declined 3 per cent from December after seasonal adjustment. The January index is estimated at 142 per cent of the 1947-49 average, compared with 147 in December and 146 in January a year ago. .Index of department store sales l/ 1947-49 = 1 0 0 . Adjusted for seasonal variation Without seasonal adjustment January el42 . el08 December I960 November January 147 262 142 171 146 111 WEEKLY DEPARTMENT STORE SALES Federal Reserve District Percentage change from corresponding period a year ago (Based on retail dollar amounts) Year I960 Four weeks One week ending ending Jan. 28 Jan. 28iJan. 211 Jan. 141 Jan. 7* Year 1959 Boston New York Philadelphia Cleveland + 9 -10 -16 -14 -19 r-15 -27 0 +14 +13 + 8 + 6 -11 -13 -10 -11 - 2 - 6 -11 - 5 Richmond Atlanta Chicago St. Louis -16 - 8 - 6 - 7 -17 r+ 4 r+ 1 - 5 + 3 - 5 + 8 0 -10 - 1 -15 - 9 - 9 2 3 6 Minneapolis Kansas City Dallas San Francisco - 5 0 -13 - 5 r- 8 r+11 0 r+ 2 - 2 +13 + 3 + 5 -13 r- 4 -11 -15 •+ - 7 5 5 4 + 3 + 1 - 3 0 - 7 - 5 + 7 -11 - 4 + 1 U. S. Total + 2 + 4 0 + 1 : + + - 1 1 1 1 U. S. weekly index, without seasonal adjustment. 1947-49=100 2/ I960 Dec. 31 1961, Jan. 7 Jan. 14 Jan. 21 Jan. 28 116 118 129 107 103 I960 Jan. Jan. Jan. Jan. Jan. 2 9 16 23 30 112 132 121 113 111 1959 Jan. Jan. Jan. Jan. Jan. 3 104 10 121 17 116 24 105 31 • 106 r—Revised. e—Estimated. 1/ Monthly indexes refer to daily average sales in calendar month. January figures estimated from weekly sales. *—JBw Year's Day this year occurred in the week ending January 7 whereas last year it was in the week ending January 2, i960. The week of January 7, 1961, therefore, had one less trading day than the corresponding week last year. Note:—Cumulative year-to-date comparisons for 1961 over i960 will be published effective the week ending February 4, 1961. 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 for the FRASER Federal Reserve Banks. Digitized j I ! j j I j j j ] j H,8b Page 2 1VEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS (Continued) Percentage change from corresponding period a year ago • (Based on retail dollar amounts) Year 1 Week ending I960 Uan. 7*1 Jan. 141 Jan. 211 Jan. 28 Federal Reserve District, Area, and City Richmond District Metropolitan Areas Washington Downtown Washington Baltimore Downtown.Baltimore Richmond Atlanta District Metropolitan Areas Birmingham Mobile . . Jacksonville Miami Tampa-St. Petersburg Atlanta Augusta Columbus New Orleans Knoxville Cities Miami-Downtown Central. Atlanta Chicago District Metropolitan Areas Chicago Indianapolis Detroit. Grand Rapids Milwaukee St. Louis District Metropolitan Areas " Little Rock Louisville St. Louis Memphns Minneapolis District Metropolitan Areas Mpls.—St. Paul Mplsv and Suburbs St. Paul _• Cities . . Duluth-Superior ' D.C. 0 - 6 0 - 3 - 5 Md. Va. + 1 Ala. La. Tenn. 1 3 8 9 5 0 + 2 - 3 - 1 0 Fla. Ga. - 6 -10 Ill, Ind. Mich, + 1 0 + 2 - 2 + 2 >la. 11 ii Ga. " 1 1 + + + + + 1 " Wis. Ark. . Ky. Mo. .Tenn. + + - . Minn; + 3 + 5 - 1 4 6 1 3 ^10 -10 - 19 -14 -19 - 4 0 - 9 3 2 1 6 zlZ r-19 r-22 : -21 -20 -12.... - 1 c_5 ±A -16 +14 +20 - 2 - 4 - 4 - 4 +11 - 7 + 9 -13 +12 - 4 +10 - 4 -21 + 8 -15 - 2 - 6 - 2 +10 + 4 + 9 - 4 r+ 2 - 2 - 2 +10 r-10 -21 - 9 -27 - 9 - 1 ±J i±_l ",3 =11 rl6 -11 -17 -15 -17 -30 r-8 -19 ** *.* ** ** +11 - 9 -14 ** + 7 - 1 - 1 ' - 4 + 8 + 2 + 8 , - 3 +12 , +11 - 5 - 9 -11 .-15 — 2 z_2 __o =_z + 8 -14 -13 + 4 -19 - 4 + 3 r- 8 -13 -15 -10 - 2 - 3 0 -13 - 6 -15 ' + 1 -20 -18 -15 - 2 ±_2 Minn.. & Wis, :L2 + + + - + - 1 9 7 4 r=_8. - 8 - 9 . -8 r- 7 -20. -22 - 1 -10 - 5 - 4 - 2 - 8 -10 . .
@FedFRASER