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C?<4 1
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
'
FOR m-iEDIATE RELEASE
February $ 9 1959.

H.8a

January department store sales, although reduced from. December, were
5 per cent above a year ago. The seasonally adjusted index for January is estimated
at 137 per cent of the 19U7-U9 average compared with Ikk in December and 130 in
January a year ago.
Index of department store sales 1/

1212
Jan.

Adjusted for seasonal variation
Viiithout seasonal adjustment

el37
el06

19kl-U9 =100

Dec.

ihh
252

1958
Nov.

Jan.

137
166

130
100

"WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District

Percentage change from corresponding period a year ago
(Based on retail dollar amounts)
Four weeks
Year
One week ending
ending
1958
Jan. 31| Jan. 24| Jan. 17| Jan, 10
.
Jan. 31

Boston
New York
Philadelphia
Cleveland

+ 2
+ h
+ 3
+ 6

+
+
r+
r-

Richmond
Atlanta
Chicago
St. Louis

+12
+ 9
+ 6
+24

r+11
- +10
- 1
- 1

Minneapolis
Kansas City
Dallas
San Francisco

- 2
+ 8
+ 7
+13

r+ 4
+16
+13
r+15

+ 8

+ 5

U. S. Total

3
1
5
8

3
0
8
6

+ h
+ 2
+ 7
-3

+
+
+
-

h

+ 5

+
+
+
+

+ 2
+ 1
- 2
0

- 1
+11
+ 2
+11

2
9
8
+13

+ 1
+11
+ 7
+13

0
+ 2

+ 5

+

k

+ 6

+ 1

+ 9
+ 4
+12
- h

+

+
+
+
+

+
+
+

8
7
3
3

+
-

6

k

+

8
8
3
7

+

2
3
2
2

0

k

U. S. weekly index, without seasonal adjustment, 19U7-U9 = ioc£/
1959
Jan. 3
Jan.* 10
Jan. 17
Jan. 24
Jan. 31

104
121
116
105
106

1958
Jan.
Jan.
Jan.
Jan.
Feb.

k

11
18
25
1

102
116
110
100
98

1957
Jan.
Jan.
Jan.
Jan.
Feb.

5
12
19
26
2

100
114
107
103
100

r—Revised.
-Estimated.
1/ Monthly indexes refer to daily average sales in calendar month. January figures
estimated from weekly sales.
2/ For description and weekly indexes for the period January 1937 to March 1958 see
federal Reserve Bulletin for April 1958, pp. 412-421.
"meekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102