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17 BOARD OF GOVERNCKS OF THE FEDERAL RESERVE SYSTEM . FOR IMMEDIATE RELEASE F e b r u a r y 9S 1956 H i 8 a Department s t o r e s a l e s i n c r e a s e d i n January a f t e r allowance f o r t h e u s u a l s e a s o n a l c h a n g e . The a d j u s t e d i n d e x i s e s t i m a t e d a t 1 2 5 p e r c e n t of t h e 19U7-U9 a v e r a g e , c o m p a r e d w i t h 122 f o r D e c e m b e r . T o t a l d o l l a r s a l e s f o r t h e month w e r e 5 p e r c e n t g r e a t e r t h a n i n J a n u a r y 1955- Index of department s t o r e s a l e s 1 / . 19a7-19=100 Adjusted for seasonal variation without seasonal adjustment 1956 Jan. Dec. 1955 Nov. Jan. el25 e 95 122 212 122 lii8 119 91 WEEKLY DEPARTMENT STORE SALES P e r c e n t a g e change from c o r r e s p o n d i n g p e r i o d a y e a r ago ( B a s e d on r e t a i l d o l l a r a m o u n t s ) Jan. 1 Four weeks One week e n d i n g ending F eb. k-' F e b . k F e b . U j •J a n . 26 1 J a n . 21, | J e n . I 4 Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis ' ,/ 1 7 9 9 - h + 3 + k + 5 1 + + + + 1 k 6 3 - l + 2 + 2 0 + + - 1 8 u 3 + - 2 2 3 1 + 8 0 +15 r+ U + + - 2 7 3 3 0 + 8 + 3 +10 + + 6 3 3 6 r+ r+ - 9 k 3 5 0 + k - 3 + 3 +10 + k + 9 + 2 ) j + 6 0 + 2 + 1 + - + 0 + 3 + 5 I l + 5 + 1 Minneapolis Kansas C i t y Dallas San Francisco 1956 Jan. 7 J a n . 1^ Jan.-21 J a n . 28 Feb. U + + + + + 9 r+ 8 r+15 +20 j U. S . T o t a l i | 1 1 j + 6 + 8 +15 ! +12 | + 5 - 8 + 5 + 3 .".-.*10. U. S . w e e k l y i n d e x , w i t h o u t s e a s o n a l a d j u s t m e n t , 19U7-U9=100 3 / 195k 1955 Jan. 8 1% Jan. 9 9k J a n . 15 lOij. J a n . 16 99 J a n . 22 J a n . 23 98 95 J a n . 29 Jan. 30 9k 87 Feb. 86 Feb. 6 90 5 3 2 1 2 " 9k 85 86 85 86 e—Estimated. r—Revised. 1 / M o n t h l y i n d e x e s r e f e r t o d a i l y a v e r a g e s a l e s i n c a l e n d a r m o n t h . J a n u a r y 1956 f i g u r e s e s t i m a t e d from weekly s a l e s . 2/ C o m p a r i s o n p e r i o d b e g i n s v / i t h t h e J a n u a r y 2 - 7 iveek i n 1956 and w i t h t h e J a n u a r y 3 - 8 week i n 1 9 5 5 . 3 / F o r d e s c r i p t i o n a n d w e e k l y i n d e x e s f o r t h e p e r i o d J a n u a r y 1937 t o March 1952 s e e F e d e r a l R e s e r v e B u l l e t i n f o r A p r i l 1952, p p . 359-362. Indexes f o r the p e r i o d A p r i l 1952 t o d a t e may be o b t a i n e d upon r e q u e s t f r o m t h e D i v i s i o n of R e s e a r c h a n d Statistics. W e e k l y i n d e x e s a t t h e d i s t r i c t a n d c i t y l e v e l s a r e p u b l i s h e d by s e v e r a l of t h e for FRASER F e d e r a l Reserve Banks. Digitized
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