The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
4 M S ivt 6 t a r e .§ BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE January 19, 1961. H.8a WEEKLY DEPARTMENT STORE SALES Percentage change from corresponding period a year ago Federal Reserve District One week ending Jan. 141 Jan. 7*1 Dec. 311 Dec. 24** Boston New York Philadelphia Cleveland +14 +14 + 7 + 6 -11 r-13 -10 -11 Richmond Atlanta Chicago St. Louis + 4 - 4 + 8 0 r-10 r 0 -15 - 9 + + - Hinneapolis Kansas City ' Dallas San Francisco - 1 +14 + 3 + 4 -13 - 3 -11 r-15 + 6 +17 + 2 + 3 + 7 -,11 + 4 U.S. Total 0 0 r- 8 + 5 Four weeks ending Jan. 14 Year I960 Year 1959 +39 +44 +40 +22 +17 +17 +14 + 9 + 2 4 0 + 1 1 +34 2 +25 9 -/ +28 +18 4 +13 +11 +11 + 4 1 + 1 + 1 - 1 +28 +25 +24 +22 + 9 +16 + 9 + 8 + 3 + 1 3 0 +30 +12 + 1 ' U. S. weekly index, without seasonal adjustment. 1947-49=100 if I960 Dec. Dec. Dec. 1961 Jan. Jan. 17 24 31 7 14 305 319 / rll6 / 118 129 1959 Dec, Dec. I960 Jan. Jan. Jan. 19 26 2 9 16 318 246 112 132 121 1958 Dec. s Dec. 1959 Jan. Jan. Jan. 20 27 3 10 17 304 205 104 121 116 *—New 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. **-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 in I960 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. 26j3ontained 4 pre-Christmas shopping days, 1 holiday and 1 postChristmas shopping day. Note:—Cumulative year-to-date comparisons for 1961 over i960 will be published effective the week ending February 4, 1961. l/ 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. /<#/ H.8b Page 2 WEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS (Continued) Percentage change from corresponding period a year ago (Based on retail dollar amounts) Jan.-Nov. 1960 Dec. 24**1 Dec. 311 Jan.7*1 J an. 14 1 +34 - 2 . r_l tio .. .. +_4 Federal Reserve District,' Area, and CityRichmond 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 D. C. " Md. Va. + l Ala. + 2 + 4 - 9 -10 + 7 +25 + 2 0 -5 +18 -16 +14 +20 + 5 - 4 - 4 - 4 +11 - 7 + 9 -21 + 8 -15 - 2 - 4 - 9 -27 +20 +34 r-10 r-19 r-14 r-19 - 4 -13 +12 - 4 +10 La. Tenn. Fla. Ga. - 5 -10 +16 + 4 ±-1 +28 +_9 zll + 8 0 0 + 3 - 2 + 2 +32 +15 +23 +21 +35 + 2 +14 +18 + 6 + 3 -15 + 1 -20 -18 -15 + 7 - 1 + 8 + 8 . +12 +18 -9 •—S 5 6 1 4 +14 r+19 +18 +16 - 3 + 5 - 1 r-24 + 8 -14 -12 + 5 -19 -4 + 3 - 7 + 1 +^ +_6 + 3 + 4 - 1 +28 +29 +27 + 5 + 7 + 3 -13 -14 -10 - 2 - 3 0 i. & Wis. - 1 +17 r+ 8 -15 -7 Fla. " " Ga. " " Wis. St. Louis district Metropolitan Areas Little Rock Louisville St. Louis Memphis Ark. Ky. Mo. Tenn. 0 2 8 9 6 1 2 3 1 1 ' +10 + 5 + 2 - 2 - 6 +34 +23 +47 +4? +20 + + + + + + + " Chicago District Metropolitan Areas Chicago Indianapolis Detroit .Grand Rapids Milwaukee Minneapolis District Metropolitan Areas Mpls.—St. Paul Mpls. and Suburbs St. Paul Cities Duluth-Superior 0 - 6 0 - 4 - 4 111. Ind. Mich, - 1 Minn. " + + - +41 +17 +12 + 7 +18 +31 + 7 r+ 9 ' + 5 -10 -17 - 4 0 +10 r- 8 -13 -14 r- 3 ***
@FedFRASER