Full text of H.8a Weekly Department Store Sales : January 5, 1961
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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