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H.8a

BOARD OF GOVERNORS OF THE FEDERAL RSSEIiVE SYSTEM
FOR IMMEDIATE RELEASE
July 14» I960.
• WEEKLY DEPARTMENT STORE SALES

Percentage change from corresponding period a year ago
Federal Reserve
(Based on retail dollar amounts)
Jan. 1
Four weeks
One
week
ending
District
to
ending
July 9
July 9*1 July 2*1 June 251 June 18
July 9
Boston
New York
Philadelphia
Cleveland

-10
-10
-11
-23

+24
r+ 4
+14

+ 8
+15
+ 4,
+ 6"

+
+
+
+

8
7
3
6

+ 7
+ 9
0
0

Richmond
Atlanta
Chicago
St. Louis

-16
- 8
-14
-15

r- 3
r+19
r+19
r+12

0
+ 6
+ 3
+ 6

+
+
+
+

3
5
3
9

+
+
+

4
5
2
3

- 3
+ 2
+ 2
0

Minneapolis
Kansas City
Dallas
San Francisco

-10
-11
-16
-17

+
+
-

+
-

5
3
8
2

+
+
-

6
2
4
3.

+ 4
- 2
- 2
0

U. S. Total

-13

+23

+18
r+20

+10 "
r+14

9
5
1
4

+ 5

+ 3

+ 2

+
+
+
+

4
6
1
3

+ 2

U. S. weekly index, without seasonal adjustment, 1947-49=100 1/
I960
June
June
June
July
July

11
18
25
2
9

144
147
x 124
rl?26
109

1959
June 13
June 20
June 27
July 4
July 11

141
143
118
109
126

1958
June 14
June 21
June 28
July 5
July 12

138
117
110
102
116

r—Revised,
l/ For description and weekly indexes for the period January 193? 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.
*—Independence Day last year occurred in the week ending July 4, whereas this
.year it is one week later. Therefore, the week ending July 2, i960 had one more
trading day than the corresponding week last year.