Full text of H.8a Weekly Department Store Sales : March 29, 1962

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FEDERAL

RESERVE

statistical

%

FOR IMMEDIATE RELEASE
March 29, 1962

)962
WEEKLY DEPARTMENT STORE SALES-

Interpretation ~Df~t"IT^;eekly percentage changes during the Easter season is
affected by the shifting date of the holiday.(this year, April 22 and last year,
April 2). Adjustment factors have been developed for this calendar irregularity.
For the week endingj'iarch 24 the factor is -10; this yields an " adjusted" yearto-year change for the United States of +11 per cent.
Percentage change from corresponding period a year ago
Jan. 1
to
March 24

Four weeks
One-week ending
ending
March 241 March 171 March 101 March 3 March 24

District
Boston
Net•7 York
Philadelphia
Cleveland

- 2
0
- 3
- 4

r-

2
5
8
7

- 3
- 8
-18
-16

-13
-10
- 8
0

-

5
5
9
7

+
+
-

1
2
1
1

Richmond
Atlanta
Chicago
St,•

0
- 1
+ 4
+ 4

+
+
r-

7
5
3
2

-22
-10
- 1
-12

- 5
0
- 1
- 4

+
-

8
1
1
3

+
+
+
+

1
4
2
1

Minneapolis
Kansas City ^
Dallas
^ ~.
San Francisco

+
+

3
6
1
2

r-12
- 3
- 3
+ 7

+
+

+
+

+

4
1
1
3

- 2
0
+ 3
+ 6

U. S. Total

+ 1

- 1

- 6

- 2

+ 2

"Adjusted" U. S.

+11

+ 6

- 2

L o u i s

1
1
3
1

4
6
2
1

- 2

U. S. weekly index, without seasonal adjustment, 1947-49 = 100 l/
1962
Feb.
Mar.
Mar.
Mar.
Mar.

24
3
10
17
24

119
119
120
138
141

1261
Feb.
Mar.
Mar.
Mar.
Mar.

25
4
11
18
25

122
122
128
140
140

I960
Feb.
Mar.
Mar.
Mar.
Mar.

27
5
12
19
26

110
98
116
129
131

r—Revised.
1/ 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.