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. BOARD OF'GOVERNORS OF THE FEDERAL RESERVE SYSTEM
'rx X " "
FOR IMMEDIATE RELEASE
March 17, I960.
j
. ..
Federal Reserve
District

MEEKLY DEPARTMENT STORE SALES

Percentage change from correBsponding period a year ago
(Based on retail dollar amounts) 1/
Four weeks I
Jan. 1
One week ending
to
ending
Mar, 121 Mar. 51 Feb. 271 Feb. 20
Mar. 12
1
Mar. 12

Boston
New York
Philadelphia
Cleveland

+10
+ 1
-12
- 2

Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
TJ. S. Total

+ 1

-20

+ 5
- 2
0
- 8

- 6
- 4

-21
- 9
- 7
-23

-31
-21
r-12
-25

- 2
- 2
-14
-19

+ 1
+ 2
- 7

- 9
-18
- 8
- 3

- 3
-13
- 7
- 5

- 1
-21
-12
- 3

+ 4

- 6

-17

- 7

- 2

-31

-23
'

r_33

-

- 4
- 7

3

-13

1 + 1

- 9

+ 2

-

3

-13

!

-17
- 8
- 8
-19

+
-

8
4
1
5

0

|
j

- 3
-15
- 7
- 2

+
+

3
6
2
1

j

- 8

~

5

0

0

U. S. weekly index, without seasonal adjustment, 1947-49=100 2/
I960
Feb.
Feb.
Feb.
Mar.
Mar.

13
20
27
5
12

115
107
110
98

116.

1959 •
Feb.
Feb.
Feb.
Mar.
Mar.

14
21
28

7
14

111
109
118
118
124

1958
Feb.
Feb.
Mar,
Mar.
Mar.

15
22
1
8
15

103
88

107
112
114

r—Revised,
.
l/ During March and April changes from a year ago reflect in part the fadt that
last year Easter was on March 29 while this year it will be on April 17. For
this reason it is estimated that in comparison with last year an allowance should
be made for a decrease in sales of about 8 per cent for the month of March as a
whole and a corresponding increase for the month of April. These figures apply
to the figures for the United States.
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.




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