Full text of H.8a Weekly Department Store Sales : March 8, 1956

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33

BOARD OF GOVERNORS OF THE FEDERAL REdERVE SYSTEM
H»8a

FOR MEDIATE RELEASE
iviarch 8, 1956

Department s t o r e s a l e s d e c l i n e d i n February a f t e r allowance f o r t h e u s u a l
s e a s o n a l change. The a d j u s t e d index i s e s t i m a t e d a t 119 per cent of t h e 19l|.7-U9
average, compared with 12U f o r January and 112 f o r February 1955. I n the f i r s t two
months- of 1956 t o t a l d o l l a r s a l e s were 3 p e r cent g r e a t e r than i n t h e same months
last year.
Index of department s t o r e s a l e s 1 /
192:7-1:9=100
Adjusted- f o r seasonal v a r i a t i o n
Without seasonal adjustment

1956 .
Feb.
Jan-;

1955
Dec.
Feb.

6119
e93

123
212

12U'
95

112
88

WEEKLY DEPARTMENT STORE SALES
f e d e r a l Reserve
District

Boston
ixew York
Philadelphia
Cleveland

Percentage change from corresponding p e r i o d a year ago
(Based on r e t a i l d o l l a r amounts)
•Jan. 1
Four weeks
i
One week endin^
ending
to
i
liar. 3 | Feb. 2^ ) Feb, 18 j Feb. 11
Mar. 3
I Mar. 3
+12
7

+ 8 .

+
r+
r+
+

0
- 2
+ 8
+ 8

+ 3
r+16
+ u
+ a

+
+
+
+

3
3
3
8

+ 8
- 2
+ 6
+10

1
2

+ 9
+ 2
r+12
0

+ .8
+ 8
+11
+ 3

+ .7
+ 3
+
7

+
+

• Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

5

5

+ 3

U. S. Total

+

6

+

4
1
6
3

k

- 2
+ 3
+ 3
+13

- .1
+ 1
+ 8
+12

+ 6

'

+ 3

+ 5

+
+
+
+

3
3
6
9

- 1
+ 3
+ 5

+ 7
+ 1
+ 3
+ h
+ h

+ 3
+ 3
.

+ 5

+ 8

+ h
+ 1
+ 3
0

+ 6
+ a

|
1
|

+ 9
+ 2
+ 5

i

+ 3

U. S. weekly index, without se a s o n a l a d j u s t m e n t , 19^7.^9=100 2 /
1956
—FFb. 1:
Feb.,11
Feb. 18
Feb. 25
Mar. 3

90
97
- 95
97
10li

Feb. 12
Feb. 19
Feb. 26
-• Mar.

92
90
93

Feb. 13
Feb. 2C
Feb. 27

86
91
86
90
85

r—revised.
e—Estimated,
- / 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 1956
f i g u r e s e s t i m a t e d from weekly s a l e s . February t h i s year had one more t r a d i n g day
"haii l a s t .
c / For d e s c r i p t i o n and weekly indexes f o r the p e r i o d January 1937 to 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
-252 to d a t e may be obtained upon r e q u e s t from t h e Division of^Research and
&",ati s t i e s .
Digitized forweekly
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Federal Reserve Bank of St. Louis