Full text of H.8a Weekly Department Store Sales : July 3, 1958

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
July 3, 1#8.

H.8a

Department store sales in June remained at about the May level after
allowance for the usual seasonal change. The adjusted index for June is 13k per
cent of the 19U7-U9 average compared v/ith 133 in May and 138 in June a year ago.
1958
May

Index of department store sales 1/
19ii7-lt9=10O
Adjusted for seasonal variation
Without seasonal adjustment

Apr.

1957
June

133
130

130
123

138
131

el3U
el27

WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District

Percentage change frcm corresponding period a year ago
(Based on retail dollar amounts)
Four weeks
Jan. 1
One week ending
ending
to
June 2b | June 21 | June 1U | June 7
June 28
June 28

Boston
New York
Philadelphia
Cleveland

-12
+ 1
- u
- 9

- 8
- 7
-18
-13

Richmond
Atlanta
Chicago
St. Louis

- 3
0
— 6
- 6

r-lU
+ 2
-15
-11

+
+
+

Minneapolis
Kansas City
Dallas
San Francisco

- 6
0
- 6
0

+
r-

-

U. S. Total

- 3

-

- 9

- 5
0
- 8
- 5

- k
0
- 3
- 5

h

-2
+ 3
- 7
- k

- h
- 3
- 6

3
3
5

h

- h
+ 1
- 2
- 2

- 2
0
- 2
- 2

+ 1

3
1
6
1

5
3
2
2

3
2
2
+ 2

+ 5

3
2
2
5

- 2
+ 3
-5
- 2

- 3

- 3

+
+
-

' +
-

-

- 1

6

3

-

k

U. S. weekly index, without seasonal adjustment, 19^7-^9 = IQQz/
1958
May 31
June 7
June l t
i
June 21
June 28

116
135
138
117
111

June 8
June 15
June 22
June 29

117
13U
139
128
115

1956
June
June
June
June
June

2
9
16
23
30

119
135
142
119
HU

r—Revised.
e—Estimated.
'
1/ Monthly indexes refer to daily average sales in calendar month. June 1958 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. U12-U21.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.