Full text of H.8a Weekly Department Store Sales : January 3, 1963

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statistical

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D

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A

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R

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S

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release

The seasonally adjusted index of department store-sales for December is
estimated at 116 per cent of the 1957-59 average. This is two points belovr the
all-time high reached in November, but a record for the month of December itself.
For the year 1962 as a whole, sales increased 4 per cent over 1961.
1962
1961
Monthly sales index 1957-59=100 1/ Dec.
Nov.
Oct.
Dec.
Adjusted for seasonal variation
ell6
118
110
113
Without seasonal adjustment
e211
141
113
204
WEEKLY DEPARTMENT STORE SALES
Federalizes erve
District
Boston
Hew York
Philadelphia
Cleveland
Richmond
Atlanta '
Chicago
St^ Louis
Minneapolis
Kansas City
Dallas
San Francisco
U. S. Total

Percentage change from corresponding periods a year ago
(Based on retail dollar amounts)
Four weeks
Jan. 1
One week ending
ending
to
* Dec. 291[Dec. 22|Dec . 15!Dec. 8
Dec. 29
Dec. 29
+ 4
+ 4
+ 4
+45
+ 3
- 7
+ 6
+ 4
+ 4
+ 7
+37
- 5
+
+25
+ 3
+ 3
+ 3
- 7
3
r+ 8
+31
+ 1
r- 6
-12
- 1
+
42
1
- 4
+33
+ 3
+ 3
+ 7
+ 6
+ 7
+ 7
+33
r+ 5
+ 5
+ 2
+ 8
+38
r+ 7
+ 6
+ 6
r+ 4
+19
+ 7
+ 7
+ 5
+ 4
+ 5
+29
+ 7
+ 3
+ 3
+ 1
+ 6
+27
+ 6
6
+ 3
+22
- 1
0
+ 4
+ 3
+ 3
+ 2
+32
r+ 5
+ 6
0
+ 5
+33

+ 5

+ 3

U. S. weekly sales index, without seasonal
1962
1961
Dec.
168
Dec. 2
Dec.
212
Dec. 9
Dec. 16
Dec. 15 r246
Dec. 23
Dec. 22 r271
Dec. 30
Dec, 29
120

- 2

+ 4

+ 5
i

adjustment, 1957-*39=100 1/

I960
171
216
240
259
90

Dec.
Dec.
Dec.
Dec.
Dec.

3
10
1?
24
31

167
214
220
230
84

r—Revised
e-Estimated
l/ I-ionthly and weekly indexes of department store sales have been revised. For
description of revision oflnonthly indexes see Federal deserve Bulletin for July
1962. A description of revision of weekly indexes appears in Bulletin for
August 1962.
Monthly indexes refer to daily average sales in calendar month. December figure
estimated from weekly sales.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.
*—The large percentage changes shown for this week are due mainly to the fact
that Christmas this year fell on Tuesday, giving the.week one pre-Christmas shopping day compared with none in the corresponding week last year.