Full text of H.8a Weekly Department Store Sales : March 6, 1958

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H.8

BOARD OF GOVERInORS OF TtiE FEDERAL RESERVE SYSTEM

FOR HMEDlA'fE RELEASE
March 6 , 1958.

Department s t o r e s a l e s declined f u r t h e r i n February a f t e r allowance f o r
t h e u s u a l seasonal change. The a d j u s t e d index i s e s t i m a t e d a t 126 p e r cent of t h e
1947-U9 average, compared with 131 f o r January and 136 f o r February 1957.
Feb.

Index of department s t o r e s a l e s 1 /
1947-49=100
Adjusted f o r seasonal v a r i a t i o n
"Without seasonal adjustment

1958

Dec.

131
101

el26
e96

Jan.

1957

138
241

Feb.
136
104

WEEKLY DEPARTMENT STORE SALES

F e d e r a l Reserve
District

Percentage change from corresponding p e r i o d a yuar ago
(Based on r e t a i l g o l i a r amounts)
"Jan. 1
Four weeks
One week ending
to
ending
Mar. 1
Liar. 3T"|""Feb. 22 | Feb.. 15 | Feb. 8
Mar. 1

^Boston
New York
Philadelphia
Cleveland

-29

+ 8
+13
+ 2

3 Richmond
Atlanta
Chicago
S t . Louis

+12

0

- 6

o

• Minneapolis
Kansas C i t y
Delias
San F r a n c i s c o
U. S . t o t a l

3
1
4
3

-20

-31
r-15
-13
r-10

- 1
- 3

- 5
- 7

-11

-11

-10

r+
-

+ 2

-12

- 7
- 3

- 7

r-31

r-38
-22

3
2
7
9

-18

-

-10

- 1
- 5

-13

- 9

- 9
-13
- 1

-11
- 6
-10
-11

•
•
•
•

3
1
5
5

• 4
• 6
• 6

•5
-

k

-10

- 4

• 2

' 2
5
3

- 6

1/
U. S . weekly index, w i t h o u t s e a s o n a l a d j u s t m e n t , 1947-49=100^
1958
'
Feb. 1
Feb. 8
Feb. 15
Feb. 22
Mar. 1

92
93
. 96
82
100

1957
Feb. 2.
Feb. 9
Feb. 16
Feb. 23
Mar. 2

94
101
102
100
99

1956
"Feb. 4
Feb. 11
Feb. 18
Feb. 25
Mar. 4

90
97
95
97
104

r^Rtvised.
*
e—Estimated.
1 / Monthly indexes r e f e r t o d a i l y average s a l e s i n calendar month. February 1958
f i g u r e s estimated from weekly s a l e s .
2 / For d e s c r i p t i o n and weekly indexes f o r t h e p e r i o d January 1937 t o March 1952 see
F e d e r a l Reserve B u l l e t i n f o r A p r i l 1952, pp. 359-362. indexes f o r t h e p e r i o d A p r i l
"1952 t o date may be obtained upon r e q u e s t from t h e D i v i s i o n of Research and
Statistics.
weekly indexes a t t h e d i s t r i c t and c i t y l e v e l s a r e p u b l i s h e d by s e v e r a l of the
F e d e r a l Reserve Banks.