Full text of H.8a Weekly Department Store Sales : March 2, 1961

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H;8a

BOARD-. OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
- i
FOR IMMEDIATE RELEASE
March 2, 1961.

I
Seasonally adjusted department store sales increased 4 per cent in
February from the January level. The February index is estimated at 14?
p e ^ cent of_ the 194.7-49 average compared with 142 in January and also in
February I960.
'
..
1961
I960
-Index of department store sales l/
February
January
December
Februz
1947-49 = 100.
Adjusted for seasonal variation
el4?
el42
147
142
Without seasonal adjustment
ellO
el08
262
106
WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago
Four weeks
ending
Feb. 25

Jan. 1
to
Feb. 25

-15
-16
-18
-12

+ 4
+ 2
0
0

+ 1

+ 3
+ 4
+ 1
0

4
2
- 1
- 3

One week ending

District

Feb. 251 Feb. 181 Feb. Ill Feb. 4
+15
+18
+11
+ 6

+10
r+23
r+21
+ 8

Richmond
Atlanta
Chicago
St. Louis

+12
+14
+ 9
+10

+11
r- 7
- 1
+ 7

Minneapolis
Kansas-' City
Dallas
San Francisco

+11
+24
+ 8
+ 2

r+
+
+
r+

Boston
iNew York
Philadelphia
Cleveland

U. S. Total

+11

1
6
2
4

+ 7

+ 7
-11
-14
- 2
+
+
. -

4
5
3
9

-12
+ 6
- 6
- 8

+
-

1
5
2
8

- 3
+12
+ 6
+ 9

- 3

. - 5

+
+
• +
+

2/

2
- 6
- 3
-

2
8
4
1

-

+ 2

2
6
1
1

- 1

U. S. weekly index, without seasonal adjustment, 1947-49=100 3/
1961
Jan.
Feb.
Feb.
Feb.
Feb.

28
4
11
18
25

103
106
111
115
122

I960
Jan.
Feb.
Feb.
Feb.
Feb.

30
6
13
20
27

111
111
115
107
110

1969
Jan.
Feb.
Feb.
Feb.
Feb.

31
7
14
21
28

106
108
111
109
118

r—Revised.
e—Estimated.
l/ Monthly indexes refer to daily average sales in calendar month. February
figures estimated from weekly sales. February this year had one less trading
day than last.
2/ Comparison period begins with January 2-7 week in 1961 and with January 4-9
week in 19b0.
3/ 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.
for FRASER

Digitized