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H.db ^0,01; oF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE A p r i l 8, I960. ' WEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS Percentage change from corresponding p e r i o d a year ago , F e d e r a l Reserve D i s t r i c t , Area, and City Week ending Jan.-Feb. 4ar. 12i Mar. 19i Mar. 261 A p r i l 2 I960 . ±22 - 7 r _ 6 ±2 UNITED STATES Boston D i s t r i c t Metropolitan Areas Boston Downtown Boston Suburban Boston Cambridge Quincy Lowell City Springfield New York D i s t r i c t Metropolitan Areas Buffalo New York-N.E. New J e r s e y Newark New York Rochester Syracuse Philadelphia D i s t r i c t Metropolitan Areas Wilmington Trenton Lancaster Philadelphia Reading Scranton Wilkes-Barre—Hazleton Cleveland D i s t r i c t Metropolitan Areas Lexington Akron Canton Cincinnati Cleveland Downtown Cleveland Columbus Springfield Toledo Youngstown Erie Pittsburgh Downtown P i t t s b u r g h Wheeling Mass. " +10 rl2 =_9 +21 + 6 + 6 + 7 +11 + 3 + 2 + 7 - 2 +24 +24 +11 + 6 -13 -11 -15 - .4 -15 -37 -11 - 7 -17 - 6 -21 r- 4 +21 +18 +27 +30 +28 +44 - 3 +25 0 - 2 + 4 ±JL ±_2 z-2 r_ 7 +28 - 5 + 1 -14 - 2 r+ 3 + 5 - 9 - 3 -18 - 5 - 7 - 1 -21 r- 6 - 3 r- 7 - 9 r- 7 + 9 +32 +43 +22 + 7 +12 N.Y. N.Y.—M.J.+ N.J. + + N.Y. n + + Del. N.J. Pa. " " 5 6 l l 4 1 ±_it rll + 3 +10 0 + 4 + 4 - 2 + 6 -14 - 4 -12 -15 - 4 +18 +10 Pa. W.Va. + + + + + + + + + + + - 9 5 4 3 8 6 3 4 2 9 8 6 5 5 441 - 8 - 8 -11 - 7 + 2 -12 -17 -1.2 + 1 - 5 r- 6 - 9 -23 -18 =m ± i Ky. Ohio . -30 . +16 + 7 -19 + 6 - 1 0 + 9 - 6 + 4 + 6 - 4 - 7 -11 -10 r-11 r- 9 r-13 - 6 - 7 - 7 -10 r- 8 - 1 -14 -13 -15 - 4 +57 +39 +63 +40 +40 +45 +23 +32 -16 -11 -24 - 9 -12 -12 - 5 -27 - 7 + 1 -21 - 3 - 1 -16 +35 +20 +54 +31 +31 +29 +44 +17 +32 + 9 +29 +42 +37 +24 H,8b Page 2 MEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS (Continued) Percentage change from corresponding p e r i o d a y e a r ago 1 / (Based on r e t a i l d o l l a r amounts) Jan.-Feb. , Week ending I960 March 121 March 191 March 261 Apr.2 F e d e r a l Reserve D i s t r i c t , Area, and CityRichmond D i s t r i c t Metropolitan Areas Washington Downtown Washington Baltimore Downtown Baltimore Richmond Atlanta District Metropolitan Areas Birmingham Mobile J acksonville Miami Tampa-St. Petersburg Atlanta Augusta Columbus New Orleans Knoxville Cities Central Atlanta Miami-Downtown D.C. Md. Va. =15 -14 -15 -17 -18 -19 =12- 9 r~l6 r-16 r- 9 -14 +29 +18 +26 +17 +23 JO r=_7 +19 -15 -10 +13 + 2 - 9 -21 - 4 - 4 + 1 -46 + 7 - 1 +11 + 1 + 7 - 3 -10 - 7 - 8 -11 - 6 - 10 + 5 - 6 - 2 + 1 -20 -24 -21 r-11 +23 +30 La. Tenn. - 4 - 2 +17 + -5 +10 + 5 + 2 - 3 - 1 " 0 ' +24 +34 - 2 +25 +20 Ga. Fla. -10 ' + 4 -33 - 1 -18 + 1 -13 - 6 + 2 + 9 111. Ind. Mich. + + + + Fla. Ga. Wis. S t . Louis D i s t r i c t Metropolitan Areas L i t t l e Rock Louisville S t . Louis Memphis Ark. Ky. Mo. Tenn. -22 -18 -21 -17 -21 -31 + 1 Ala. Chicago D i s t r i c t Metropolitan Areas Chicago Indianapolis Detroit Grand Rapids Milwaukee Minneapolis D i s t r i c t Metropolitan Areas M p l s . - - S t . Paul Mpls. and Suburbs ^ S t . Paul Cities Duluth-Superior + 1 - 5 - 4 -10 - 3 Minn. Minn. i.'& Wis. 2 1 9 6 6 r+15 - 4 ±4 + + - +11 8 3 8 1 9 - 6 - 8 + 3 -14 - 1 - 5 - 4 - 7 -16 + 2 + 8 +23 +30 +16 + 3 - 0 =23 =1ft =_Z ±21 -7 + 9 + 1 + 2 -16 -37 -24 -17 -14 r- 7 -16 r-13 -10 - 2 - 5 -16 + 4 • +38 +27 +20 ±_2 -10 + 7 + 8 + 5 - 9 - 7 -15 - 9 -14 -11 -21 +16 +19 +10 + 1 -13 - 8 r-20 - 3 +15 * * H.8b Page 3 WEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS (Continued) Percentage change from corresponding p e r i o d a y e a r ago , (Based on r e t a i l d o l l a r amounts) •=' Jani.-Feb. | Week ending I960 Mi[arch 121 March 191 March 261Apr. ~2 F e d e r a l Reserve D i s t r i c t , Area, and CityKansas City D i s t r i c t Metropolitan Areas Denver Topeka Wichita Kansas C i t y Downtown Kansas City S t . Joseph Lincoln Albuquerque Oklahoma C i t y Tulsa City J oplin Dallas D i s t r i c t Metropolitan Areas Dallas El Paso F o r t Worth Houston San Antonio San Francisco D i s t r i c t Metropolitan Areas Los Angeles-Long Beach Downtown Los Angeles • Westside Los Angeles Sacramento San Diego San Francisco-Oakland San F r a n c i s c o City Oakland San Jose Portland S a l t Lake C i t y Seattle Spokane Tacoma =_2 =18 =21 =-1 ±11 -+ 1 - 1 " -11 Mo.-Kans,, + 2 Mo. - 2 " - 5 Nebr. - 6 N.Mex. - 4 Okla. - 5 - 5 - 3 -33 -27 -27 -31 -49 -29 - 7 -28 0 - 5 -36 -22 -35 -35 -46 -20 - 7 -18 -26 - 4 - 9 -20 - 7 + 1 +20 - 8 - 9 +10 r+ 6 +11 - 4 - 4 +20 +21 +32 + 8 + 5 +15 0 Mo. r 0 + 2 z_l +12 - 6 -19 -15 - 7 - 2 +19 - 3 + 9 +15 + 4 - 2 - 9 +11 - 1 - 1 - 1 + 3 + 8 - 2 - 2 - 2 + 5 - 3 - 1 r-12 -11 -9 - 9 -14 - 5 0 - 4 -14 -14 -13 - 4 - 3 + 8 -17 -11 -17 + 9 +10 + 8 +14 +18 +23 +22 +20 0 0 +25 + 4 +22 + 5 Col. Kans. Tex. -27 -15 =J= =4 =_4 + 4 -14 - 5 + 7 - 5 -10 - 6 -20 0 -21 - 7 -17 -11 - 2 - 1 - 9 +_2 Calif. " " " " " " Ore. Utah Wash. " ii + 3 0 + 2 + 2 0 + 5 + 4 0 + 9 0 0 - 2 + 1 0 + + + .- 6 4 5 3 3 2 1 9 3 l 6 6 4 7 . r—Revised. *Not a v a i l a b l e . 1 / During March and A p r i l changes from a y e a r ago r e f l e c t i n p a r t t h e f a c t t h a t l a s t y e a r E a s t e r was on March 29 while t h i s y e a r i t w i l l be on A p r i l 17. For t h i s reason i t i s estimated t h a t i n comparison with l a s t y e a r an allowance should be made f o r a decrease i n s a l e s of about 8 p e r c e n t f o r t h e month of March as a whole and a corresponding i n c r e a s e f o r the month of A p r i l . These f i g u r e s apply t o t h e f i g u r e s f o r t h e United S t a t e s .
@FedFRASER