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III?
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
May 11, 1961.

H.8a

NOTE:—The decline shown for the week ending May 6 is partly due to a difference
in timing of Mother's Day. In I960, Motlier1 s Day occurred on May 8,
while this year it will be on May 14.
WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago
One week ending

District

May 61 Apr. 291Apr. 22|Anr. 15

Four weeks
ending
May 6

Jan. 1
to
May 6

Boston
New York
Philadelphia
Cleveland

-12 + 6
- 9 + 5
-15 r- 9
-13 r-10

+-4
0
+ 7
-10

-23
__ -19
-26
-19

- 7
- 6
-11
-13

+ 2
0
- 4
- 4

Richmond
Atlanta
Chicago
St. Louis

-11 - 7
- 9 r- 5
-10 - 7
-12 - 8

- 4
0
- 7
- 4

-24
r-19
-15
-24

-12
- 8
-10
-12

- 2
0
- 3
- 2

- 1 r- 2
-11 + 3
-11 - 3
-11 - 3

+
+
-

5
8
1
1

-13
-13
-13
- 8

-

-10

- 1

-17

- 8

^

Minneapolis
Kansas City
Dallas
San Francisco
U.S. Total

- 3

6
3
6
5

+
-

;

1
4
1
1

- 1

U. S. weekly index, without seasonal adjustment. 1947-49=100 2/
1961
Apr.
Apr.
Apr,
Apr.
May

8
15
22
29
6

128
130
144
146
140

I960
Apr.
Apr.
Apr.
Apr.
May

9
16
23
30
7

146
151
156

1252
Apr.
Apr.
Apr.
May
May

11
18
25
2
9

130
132
141
141
158

r—Revised.
l/ During April changes from a year ago reflect in part the fact that last year
Easter was on April 17 while this year it was on April 2. For this reason it is
estimated that in comparison with last year an allowance should be made for a
decrease in sales of about 8 per cent for the month of April as a whole. This
allowance applies to the figures for the United States.
2/ 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.




S),


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102