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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSfM
FOR IMMEDIATE RELEASE
January 5» 1961.

H.8a

Seasonally adjusted department store 6ales in December are estimated
at 146 per cent of the 1947-49 average, up 3 per cent from the November level
of 142 and equal to sales in December a year ago.
December

Index of department store sales if
1947-49 = 100
Adjusted for seasonal variation
Without seasonal adjustment

el46
e26l

1960
November
142
171

October

1959
December

150
153

146
260

WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District

Percentage change from correspionding period a year ago
(Based on retail collar amounts)
Jan. 1
Four weeks
One week ending
to
ending
Dec. 31
Dec. 311 Dec. 24*1Dec. 171 Dec. 10
Dec. 31

Boston
New York
Philadelphia
Cleveland

0
0
- 7
+ 5

-^39
r+44
+40
+22

-14
-12
-19
- 2

0
+ 2
0
+ 2

+
+
+
+

5
7
2
6

+ 2
+ 4
0
+ 1

Richmond
Atlanta
Chicago
St. Louis

0
0
+ 9
- 4

+34
r+25
+28
+18

-12
+ 2
0
+ 4

+
-

+
+
+
+

3
7
8
4

+
+
-

Minneapolis
Kansas City
Dallas
San Francisco

+ 6
+18
+ 2
+ 4

. +28
+25
+24
r+22

+
+
-

2
6
1
5

0
- 3
-10
- 3

+ 8
+10 ~""
+ 3
+ 4

+ 4

+30

- 4

- 1

+ 6

U. S. Total

3
1
1
3

1
1
1
1

+ 2
+ 1
- 3
0
+ 1

U. S. weekly index, without seasonal adjustment. 1947-49=100 2/
I960
Dec.
Dec.
Dec.
Dec.
Dec.

1959
3
10
17
24
31

231
296
305
r319
117

Dec.
Dec.
Dec.
Dec.
I960 Jan.

1958
5
12
19
26
2

249
298
318
246
112

Dec.
Dec.
Dec.
Dec.
1959 Jan.

6
13
20
27
3

244
293
304
205
104

e—Estimated.
r—Revised.
l/ Monthly indexes refer to daily average sales in calendar month. December
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.
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 difference in timing of Christmas 1959 and I960. Christmas in 1959 fell on Friday whereas this year 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
Digitized for ending
FRASER
Dec, 26 contained 4 pre-Christmas shopping days, 1 holiday and 1 postChristmas shopping day.
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis