Full text of H.8a Weekly Department Store Sales : May 2, 1963

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F E D E R A L

-

R E S E R V E

statistical
H . ^ % '

6

FOR IMMEDIATE RELEASE
May 2, 1963

1963

RVK LAi

|
_Department store sales in April declined from March after allowance for
the usual seasorTaT"variation and the special Easter influence. The April index is
estimated at 116 per cent of the 1957-59 average compared with 119 in March and 113
in April 1962.
1963
1962
Monthly sales index 1957-59=100
Apr. • Mar.
Feb.
Apr.
Adjusted for seasonal variation
ell6
ell9
114
113
Without seasonal adjustment
ell4
elOl
85
112
IVEEKiy/
l V ; DEPARTMENT STORE SALES
Percentage change from corresponding periods a year ago
(Based on retail dollar amounts)
Jan. 1
F our weeks
Federal Reserve
One week ending
to
ending
District
Apr. 27
Apr. 271 Apr. 201Apr. 131 Apr. 6
Apr. 27
Boston
New York
Philadelphia
Cleveland

+
+
-

Richmond Atlanta
Chicago
St. Louis

- 1

Minneapolis
Kansas City
Dallas
San Francisco

1
5
4
2

+ 9

'1

0
0,
-7 .
- 2

+
+
-

+13

i

+1
+11

+ 4
+10
+ 4
+ 4

-15

+ 9
+ 6
0
r+ 3

+ 4
+ 1

r-20
r- 9
r- 7
r- 8

+13
+15
+11
+12

-10
+ 2
+14
- 3

r-11
r-10
- 9
- 7

r+22

U.S. Total
+ 3
*"Adjusted" U.3 • - 3

-12

+11

+ 7

+ 7

+ 7

+ 4

+23

>17
-16
r_25

+16
+24
+11

+ 6
+ 3
+ 6

! •
!
|
i

+20

+ 3

+ 5
+13
r+ 4
+12
+17
- 1

+ 4

j
i
!

i

0
+ 5
+ 1 1

+
+
+
+

0

3
1
2
1

3
5
5
4

+ 2-

+ 3

+ 4

+ 4

U.S. weekly sales index, without seasonal adjustment, 1957-59=100 if
1963 Mar.
Apr.
Apr.
Apr.
Apr.

30
6
13
20
27

113
120
121
104
113

1962 Mar.
Apr.
Apr.
Apr.
Apr.

31
7
14
21
28

106
112
109
118
110

1961 Apr.
Apr
Apr.
Apr.
Apr.

1
15
22
29

109
92
94
104
105

r — Revised
e—Estimated
* Interpretation of the weekly percentage changes during the Easter
season is affect'd by the shifting date of the holiday (this year, April 14,
last year, April 22). Adjustment factors have been developed for this calendar
irregularity and will be applied for 7 weekly periods, from the March 23 week
through the May 4 week. For the week ending April 27, the factor is +6; this
yields
an "adjusted" year-to-year change for the United States of -3 per cent.
for
FRASER
Four-week and year-to-date cumulatives are also shown on an adjusted basis.

Digitized