Full text of H.8a Weekly Department Store Sales : March 24, 1960

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H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
March 24, i960.
.

Federal ReserveDistrict

/WEEKLY DEPARTMENT STORE SALESl

Percentage change from corresponding period a year ago
(Based on retail dollar amounts) 1/
Four weeks
Jan. 1
One week ending
ending
to
kar. 191Mar. 121Mar. 5lFeb. 27
Mar, 19
Mar. 19

Boston
New York
Philadelphia
Cleveland

-12
- 3
- 8
-10

. +10
+ 1
r-11
- 2

-31
-23
r-32
-20

Richmond
Atlanta
Chicago
St. Louis

-15
- 1
- 4
-14

r-22
r-10
- 7
-23

Minneapolis
Kansas City
Dallas
San Francisco

- 4
-21
- 4
- 3
- 6

U. S. Total

+ 5
- 2
0.
- 8

- 8
- 7
-13
-10

- 1
+ 1
- 3
0

-31
-21
-12
-25

- 2
- 2
-14
-19

-17
- 9
- 9
-20

- 9
- 3
0
- 6

- 9
-18
- 8
- 3

- 3
-13
- 7
- 5

- 1
-21
-12
- 3

- 5
-18
- 8
- 4

+ 3
- 7
- 2
0

r- 7

-17

- 7

- 9

- 1

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

20
27
5
12
19

107
110

98
rll5
129

1959
Feb.
Feb.
Mar.
Mar.
Mar.

21
28
7
14
21

109

118
118

124
137

1958
Feb.
Mar.
Mar.
Mar*
Mar.

22
1
8
15
22

88
107

112
114
117

r—Revised.
l/ During March and April changes from a year ago reflect in part the fact that
last year Easter was on March 29 -tihile 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.