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

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Hi8a

-

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM '
''"' '
FOR IMMEDIATE RELEASE
;
June 8, 1961.

Department store sales declined slightly from April to Hay but were
somewhat atTove tne level of May i960. After adjustment for seasonal variation
and trading day differences, the index for May is estimated at 145 per cent of
the 1947-49 average compared with 148 in April and 141 in May i960.
Index of department store sales l/
1947-49 = 100
Adjusted for seasonal variation
Without seasonal adjustment

1961
April March

Hay
el45
el4l

148
135

146
1# '

12&
May
141
139

V/5EKLY DEPARTMENT STORE SALES
Federal Reserve
District

Percentage change from corresponding period a year ago
(Based on retail dollar amounts)
Four weeks
Jan. 1
One week ending
to
ending
June 31 May 271 May 201M^y 13
June 3
June 3

Boston
New York
Philadelphia
Cleveland

+ 5
1
- 2
- 1

.+
r-

5
1
3
3

Richmond
Atlanta
Chicago
St. Louis

+ 3
0
+ 1
+ 3

+
rr-

Minneapolis
Kansas City
Dallas
San Francisco

+
+
+

+
-

U. S. Total

6
2
5
1

+ 1

+ 9

+20
+21 '
+18
+14

+10
+ 6
+ 5.
+ 4

+
+
-

1
6
3
3

+11
+ 4
- 3

+24
+21
+10
+ 9

+10
+ 4
+ 4
+ 1

0
0
- 2
- 2

1
2
4
4

+
+
+
+

+17
+20
+19
+15

+ 6
+ 3
+ 3

+ 7

+ 1
+ 5
0
0

+17 |

+ 6

0

- 1

+ 2
+ 7
+ 6

+ 9

5
6
6
1

+ 6

4
1
2
3

S.'weekly index, without seasonal adjustment, 1947-49=100 2/
.1961
May 6
May 13
May 20
May 27
June 3

140
157
146
137
132

I960
May 7
May 14
Kay 21
May 28
June 4

1#
134
138
139
131

1959
May 9
May 16
May 23
May 30
June 6

158
137
139
122
150

r--Revised.
e—Estimated.
if Monthly indexes refer to daily average sales in calendar month. May figures
estimated from weekly sales. May this year had one more trading day than last,
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.