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H-.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
^ay 22, 1958.
WEEKLY DEPARTMENT STORE SALES

Federal Reserve
District

Percentage change from corresponding period a year ago
(Based on retail dollar amounts)!/
Jan. 1
Four weeks
One week ending
to
ending
May 17
May 10 | May 3 |Apr. 26
Hay 17
May 17
- 8
- h
- 5
- k

Boston
iXbw iork
Philadelphia
Cleveland

6
3
3
6

- 6
- 6
- 6
-10

+ 5
+ 8
+12
- 5

-k
- 1
- 1
- 6

- h
0
- 3
- 5

r-

6
4
6
9

-11
0
-14
-15

- 7
+ 9
0
- 5

+
-

5
1
6
8

-

h
b
6
5

-10
- 5
- 5
- 2

+
+
+

2
1
9
8

- 2
0
+ 2
+ 1

- -

2
1
3
2

- 8

+

h

- 2

Richmond
Atlanta
Chicago
St. Louis

f
-

Minneapolis
Kansas City
Dallas
San Francisco

+ 9
+ 6
0
- 3

- h
0
+ U
+ 1

- 2

-

U. S, total

k
2
2
2

r-

.

k

- 3

2/
(J. S. weekly index3 without seasonal adjustment, 19h7-k9=1001958
Apr.
Apr.
•May
May
May

19
26
3
10
17

125
136
132
138
127

1957
Apr.
Apr.
May
May
May

-

20
27
k
11
18

138
131
143
1U3
.129

1956
Apr.
Apr.
May
May
May

21
28
5
12
19

123
129
136
140
132

r—Revised.
1/ During April changes from, a year ago reflect in part the fact that last year
Easter was on April 2L 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 see
Federal xteserve Bulletin for April 1958, pp. 412-421.
weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks,