View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

• H.8a

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FCR IMMEDIATE RELEASE
October 9, 1958.

Seasonally adjusted department store sales in September were down from.
August levels, but were slightly ahead of September 1957• The Board's seasonally
adjusted index for September is estimated at 138 per cent of the 1947-49 average.
Sept.

Index of department store sales 1/
; 1947-49=100
Adjusted for seasonal variation
without seasonal adjustment

el38
el4l

1958
Aug.
147
129

1957
Sept

July
140
112

136
139

WEEKLY DEPARTMENT STORE SALES
Federal Reserve
District

Percentage change from corresponding period a year ago
(Based on retail dollar amounts)
Four weeks
Jan. 1
One week ending
ending
to
Oct. U| Sept. 27| Sept. 20| Sept. 13
Oct. 4
Oct. 4

Boston
New York
Philadelphia
Cleveland -'

+11
+15
+14
+ 0

Richmond
Atlanta
Cnicego
St. Louis

+ 9
+ 5
+ 4
+10

Minneapolis
Kansas City
Dallas
San Francisco

+ 8
+11
+20
- 6
+ 7

U. S. Total

7
1
3
- 2

+12
+ 9
+ 8
+ 1

+
+
+
-

+

2
2
0
4

+13
+ 4
0
+ 1

U
+ 2
- 1
+ 4

-

1
l"
4
2

3
+ 2
1
+ 1

-

3
6
1
2

+

+
+
-

+
-

1
2
1
1

- 2

+ 1

r

1

-

2
1
6
6

7
r- 2
- 6
- 1

+

-

5
3
1
3

+ 4

8
6.
4
2

0
+ 2
0
- 4

2
4
4
l

+ 2

2/
U. S. weekly index, -without seasonal adjustment, 1947-49 = IOC-7
1958
Sept. 6
Sept. 13
Sept. 20
Sept. 27
, Oct.' 4

123
&
.136

1)46

1957 Sept.
Sept.
Sept.
Sept.
Oct.

7
I4
21
28
5

121
1U0
135
139
136

1956
Sept.
Sept.
Sept.
Sept.
Oct.

8
15
22
29
6

122

11*2

1U3
ia
138

r—Revised.
e- -Estimated.
1/ Monthly indexes refer to daily average sales in calendar month. September 1958
figures estimated frcm weekly sales, September this year had one more trading day
than last.
2/ For description and weekly indexes for the period January 1937 to March 1958 see
Federal Reserve Bulletin for April 1958, r p. 412-421.
weekly indexes at the district and city levels are published by several of the
Federal Reserve Banks.




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