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FEDERAL

RESERVE

statistica
FOR IM IEDIATE RELEASE

UBRARY
H.8a

March 28, 196]

Arn 1 ig$3
- -- PE£i>T

r

/ WEEKLY /DEPARTMENT STORE-SALES

I ——

c_i_

InYerpretat iln of the weekly percentage changes during the Easter season is affected by the shifting date of the holiday (this year, April 14, last
year, April 22). Adjustment factors have been developed for this calendar
irregularity. For the week ending March 23, the factor is + 2; this yields an
"adjusted" year-to-year change for the United States of + 3 per cent.

Federal Reserve
District

Percentage change from corresponding periods a- year ago
(Based on retail dollar amounts)
Jan. 1
Four weeks
One week ending
to
ending
Mar. 23
Mar. 231Mar. 16 IMar. 91Mar. 2
Mar. 23

Boston
New York
Philadelphia
Cleveland

0
+ 2
+ 6
+ 1

0
r+ 7
- 4
r+ 1

+ 4
+ 2
+21
+ 5

- 6
- 5
-13
-15

0
+ 2
+ 2
- 2

+• 4
+ 2
0
- 1

Richmond
Atlanta
Chicago •
St. Louis

+ 6
+17
+ 2
+ 6

r+
r+
+
r+

1
8
4
6

+27
+20
+ 6
+ 9

-

6
4
2
1

+ 6
+10
+ 3
+ 5

+
+
+
+

5
9
5
4

Minneapolis
Kansas City
Dallas
San Francisco

- 1
+ 4
+10
+ 6

r+
r+
r+

5
6
7
3

-10
+ 6
+ 1
+ 5

+
+
+

4
6
6
4

+
+
+

+
+
+
+

2
4
2
6

+ 4

- 7

-

Ur

+ 3

U. S. Total

+ 5

^"Adjusted" U. S,

+ 3

3
5
3
5

+ 4

U. S. weekly sales :index, without sea'sonal adjustment , 1957-59=100 1/
1963 Feb. 23
Mar. 2
Mar. 9
Mar. 16
Mar. 23/

89
82
92
103

106

1962 Feb.
Mar.
Mar.
Mar.
Mar.

24
3
10
17
24

86
85
86
99
101

1961 Feb.
Mar.
Mar.
Mar.
Mar.

25
4
11
18
25

88
88
92
ioi

101

r—Reyised
1/ For description of monthly indexes see Federal Reserve Bulletin for July 1962.
A description of weekly indexes appears in Bulletin for August 1962.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks,