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H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
May 12, 19&).
WEEKLY DEPARTMENT STORE SALES
Percentage change from corresponding period a year ago

Federal Reserve
District
Boston
New York
Philadelphia
Cleveland

+
+
-

6 + 2
8 r+18
1 r+12
1 r+11

- 1
+ 9
+ 1
+10

+28
+18
+20
+ 9

Richmond
Atlanta
Chicago
St. Louis ,

+
-

8 r+in
2 r+ 9
4 + 7
7 r+ 6

+
+
+

4
1
4
8

+29
+26
+16
+11

Minneapolis
Kansas City
Dallas
San Frameis0#

- 3 r+ 8
- 5 - 5
-10 - 7
0 + 1

+12
- 3
- 5
0

- 1 r+ 7

+ 4

U. S. Tetal

Jan. 1
to
May 7

Four weeks
ending
May 7

One week ending
May 71 Apr, 30JApr. 23!Apr. 16

+ 8
+13
+ 8
+ 7

+
+
+
+

4
6
3
5

+
+
+
+

8
8
5
4

+
+
-

2
1
3
1

+17
+16
+22
+12

+ 8
n
- 1
+ 3

+
+

4
3
1
1

+18

+ 6

+ 3

i

U„ S+ weekly index, without seasonal adjustment. 1947-49=100 2/
1960
Apr. 9
153
Apr. 14
156
Apr. 23 14*
Apr. 3D rl51
May 7
156

miApr. n11
Apr,
Apr.
May
May

18
25
2
9

130
132
141
141
158

19^8
Apr.
Apr.
Apr.
May
May

12
19
26
3
IP

110
125
136
132
138

r—Revised.
.
l/ During April changes from a year ago reflect in part the fact that last year
Easter "was en March 29 while this year it was on April 17. For this reason it
is estiaaWt that in comparison with last year an allowance should be made for
an increase ia sales of about 8 per cent for the month of April as a whole.
These figures apply to the figures for the United States.
2/ For description and weekly indexes for the period January 1937 to March 1958
see FerWai Reserve Bulletin for April 1958, pp. 412-421.
Weekly indexes at the district and city levels are published hy several of
the Federal Reserve Banks.