Full text of H.8a Weekly Department Store Sales : May 1, 1958

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\fi.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM '
FOR IMMEDIATE RELEASE
May 1, 1958.
NOTICE

The Board!s weekly index of department store sales has been revised for
the period 19h9 to date. For a description of the principal features of the revision and indexes for back years, see the"Federal Reserve Bulletin for April 1958*
pp. Iu2-421.
WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago
(Based on retail dollar amounts)!/
Jan. 1
Four weeks
One week ending
to
ending
Apr. 26
Apr. 26 | Apr. 19 | Apr. 12 IjApr. 5
Apr. 26

Federal Reserve
District
Boston
New York
Philadelphia Cleveland

+ 5
+ 8
+12
- 5

-lU
- 8
- 2
-10

-25
-19
-26
-21

+11
+19
+11

+ 9

-

6
1
2
7

+
-

Richmond
Atlanta
Chicago
St. Louis

- 6
+11
0
- 5

-12
-1U
r-12
- 6

-18
-1U
-17
-16

+1U
+13
+ 2
+ 6

-

6
2
7
6

- It
- 3
• -5
- 5

Minneapolis
Kansas City
Dallas
San Francisco

+
+
+

2
1
9
6

-16
r- 9
-15
r~ 5

-11
-10
-10
- 6

+23
+20
+18
0

- 3
0
0
- 1

-

+ h

- 9

-16

+11

- 3

- 2

U. S. total

3
1
3
5

1
i
3
2

,£/
U. S. weekly index, without seasonal adjustment, 19U 7-1*9 =1001958
Ear.
Apr.
Apr.
Apr.
Apr.

29
5
12
19
26

122
131*
•110
1#
136

1957
Mar.
Apr.
Apr.
Apr.
Apr.

30
6
13
20
27

120
121
131
138
131

1956
Mar.
Apr.
Apr.
Apr.
Apr.

31
7

lk
21
28

132
113
12lt
123
129

r—Revised.
1/ During April changes from a year ago reflect in part the fact that last year
Easter was on April 21 while this year it was on April 6. For this reason it is
estimated that in comparison with last year an allowance should be made for a decrease in sales of about 6 per cent for the month of April as a whole. These
allowances apply to the figures for the United States.
2/ For description and weekly indexes for the period January 1937 to March 1958 set
Federal Reserve Bulletin for April 1958, pp. U12-U21.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.