Full text of H.8a Weekly Department Store Sales : June 6, 1957

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BOAED OF GOVERNORS Of4 THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
June 6 , 1957

H«.8a
,
•' •

S e a s o n a l l y a d j u s t e d department s t o r e s a l e s i n c r e a s e d s l i g h t l y i n May.
The a d j u s t e d index i s e s t i m a t e d a t 12ii p e r c e n t of t h e 19k7-k9 average, compared
•with 122 f o r A p r i l and 122 f o r May l a s t y e a r . I n t h e f i r s t f i v e months of 1957*
t o t a l , d o l l a r s a l e s were 2 p e r c e n t g r e a t e r than i n t h e corresponding p e r i o d a
year ago.
Index of department s t o r e s a l e s 1 /
19U7-U9=100
Adjusted f o r s e a s o n a l v a r i a t i o n
Without s e a s o n a l adjustment

May

1957
Apr.

Mar.

1956
May

e 121;
e 123

122
122

127
106

122
121

WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding p e r i o d <a y e a r ago
(Based on r e t a i l d o l l a r amounts)
Jan. 1
Four weeks
One week ending
ending
to
| May 2j? | May 10 | May 11
June 1
June 1
- i
+ k
+5
+ 1
- k
+ 2
+ h
+ 1
+ 3
+ 7
+ h
+5
+ 3
- 1
- 2
+ 1
+ 2
- k
r- 5
- 1
- h
- 1
- 3

F e d e r a l Reserve
District

H

I
Boston
New York
Philadelphia
Cleveland

+5

Richmond
Atlanta
Chicago
S t . Louis

+ 7
- 2
- 9

Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

- 5
+

U. S. Total

|

0
0
h

+ l

- 2
+ 1
-3
- 2

+
+
+
-

6
6
7
k

- 5

+ 1
+ 3
- 1

+ i
- l
0

-5

- 3
— 6
- 2
- 3

+
+
+

7
3
7
1

0
- l
- 2
- 1

+ 2
0
- 2
0

- i

- 2

+ 3

0

+ 2

r+ k
+ 2
- 1

- 5

+ 3
k
0

+

U. S . -weekly index, without s e a s o n a l a d j u s t m e n t , 19^7-1*9=100 2 /
±251

3ay U

May 11
May 18
May 25
June 1

•

133
133
120
116
110

1256

Say 5 125

^

May 12
May 19
May 26
June 2

129
122
117
109

1255
May 7
May lU
May 21
May 28
June U

13k
108
12$
Ilk
102

"

r—Revised.
e—Estimated.
1 / Monthly indexes r e f e r t o d a i l y average s a l e s i n c a l e n d a r month. May 1957 f i g u r e s
e s t i m a t e d from weekly s a l e s .
2/ For d e s c r i p t i o n and weekly indexes f o r t h e p e r i o d January 1937 t o March 1952 see
F e d e r a l Reserve B u l l e t i n f o r A p r i l 1952, p p . 359-362. Indexes f o r t h e p e r i o d A p r i l
SL952 t o d a t e may be obtained u p o n R e q u e s t from the D i v i s i o n of Research and S t a tistics. .
Weekly indexes a t t h e d i s t r i c t and c i t y l e v e l s a r e p u b l i s h e d by s e v e r a l of t h e
F e d e r a l Reserve Banks.