Full text of H.8a Weekly Department Store Sales : January 3, 1957
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE January 3, 1957 H,8a Total dollar volume of department store sales in December reached an all: time high. The adjusted index for the month is estimated at 130 per cent of the i !Pii7-uP average, compared with 131 for November and 123 for December 19$$* 1956 1955 Index of department store sales IJ Dec. Nov. Oct. Dec. 1917-49=100 Adjusted for seasonal variation e 130 131 122 123 Without seasonal adjustment e 225 158 128 212 . WEEKLY DEPARTMENT STORE SALES Federal Reserve District Percentage change from corresponding period a year ago (Based on retail dollar amounts) Four weeks i week ending ending Jan. 1 to Dec, 29* | Dec.-22| Dec.151 Dec. 8 Dec. 29 Dec. 29 +15 +35 Boston New York Philadelphia Cleveland +27 +25 +18 r+20 +1U +11 -h + 1 - h + 3 Richmond Atlanta Chicago St. Louis +31 +26 +37 +18 +17 r+ 9 +lli +13 + + + Minneapolis Kansas City Dallas San Francisco +21* + 23 + 23 +19 r+17 +1U r+12 r+15 U» S• Total +27 r+15 • 1 3 h 3 + 5 r+ 3 + 3 + 2 + + + + - k - 2 - k k - u + 3 + 5 + h + h — 2 - k - 9 + 3 - 9 - 6 - 5 h + 7 U. S. weekly index, without seasonal adjustment, 19i&7-^9'=103 1956 Fee. 1 Dec. 8 Dec. 15 Dec. 22 Dec. 29 197 226 260 r265 112 1955 Dec. Dec. Dec. Dec. Dec. 3 10 17 2k 31 197 . 235 255 231 88 + 5 +10 + 5 + 5 + 5 - 3 6 3 3 195U Dec. Dec. Dec. Dec. 1955 Jan. k 11 18 25 1 + 2 + 3 + 1 2/ 192 22U 21*0 190 80 - e—Estimated. r—Revised. 1/ Monthly indexes refer to daily average sales in calendar month. December 1956 "fig-ires estimated frcm weekly sales. December this year had one less trading day i'iran last. 2/ r'cr description and weekly indexes for the period January 1937 to March 1952 see Federal Reserve Bulletin for April 1952, pp. 359-362. Indexes for the period April 1952 to date may be obtained upon request from the Division of Research and Statistics. year there was one shopping day before Christmas, while last year there was Digitized* forThis FRASER none.