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H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMMEDIATE RELEASE
October U, 1956

After allowance for the usual seasonal change, department store sales in
September remained at the hiph level of July and August. The adjusted index for
September is estimated at 128 per cent of the 19U7-U9 average.
Index of department store sales 1/
191*7-49=100
Adjusted for seasonal variation
Without seasonal adjustment

Sept.

1956
Aug.

July

1955
Sept.

e 128
e 130

128
113

128
101

121
123

WEEKLY DEPARTMENT STORE SALES

Federal Reserve
District
Boston
New York
Philadelphia
Clevel and
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas CityDallas
San Francisco
U. S. Total

Percentage change from corresponding period , year ago
(Based on retail dollar amounts)
Jan. 1
Four weeks
One week ending
to
ending
Sept. 29
Sept.29|Sept.22Tsept,15j3ept. IT
Sept.29
+ 3
+ 6
+10
+ 3
- 2
+11
+ 5
+ 5
+15
- 3
+ h
+ 5
+12
+ 3
+ h
r- 5
+ 6
+ 5
+ 6
r+10
+ 5
+ 7
+ l
+ 9
+ 1
+ 3
- 2
- 5
+11*
+ 7
r+10
+ 7
+ 9 + 5
+ 6
+ h
+ 3
r+11
+ h
+ 7.
+ 5
- 1
+11
+ 5
+1U
- 2
+ 5
+ 5
+10
+ h
+ 5
- U
+ 2
+ l
+ 1
- 2
+ 9
- 3
+ 3
+ h
+ 7
+15
r- 3
- 3
- 6
+ 2
+ 2
+ 2
- 1
- 3
+ 3
+ 5
+ U
+ h
+ h

U. S. weekly index, without seasonal adjustment, 19^7-^9=100 2/
1935
195T
Sept. 1
128
Sept. 3
125
Sept, k
113
-Sept. 8
112
Sept. 10
108
Sept. 11
97
Sept. 15>
130
Sept. 17
125
120
Sept. 18
Sent. 22
131
Sept. 2k
121
118
Sept. 25
Sept. 29
130
Oct.
1
126
110
Oct.
2
e—Estimated.
^
r—Revised,
1/ Monthly indexes refer to daily average sales in calendar month. September 1956
figures estimated from weekly sales. September this year had one less trading day
than last,
2/ For description and weekly indexes for the period January 1937 to March 1952
see Federal Reserve Bulletin for April 1952, pp. 359-362. Indexes for the period
April 1952 to-date may be obtained upon request from the Division of Research a.nd
Statistics.
Weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks,
19#