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ft'. 8b BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE January 13, 1961, ' WEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS ' Percentage change from corresponding period a year ago (Based on retail dollar amounts) Jan.-Nov, L Week ending I960 171Dec. 24**I Dec. 311 Jan ,7* +' 1 -11 =A ±20 +4 Federal Reserve District, Area, and City • UNITED STATES Boston District Metropolitan Areas Boston Downtown Boston Suburban Boston Cambridge Quincy Lowell City Springfield ±_1 Mass. " " " " " " New York District Metropolitan Areas Buffalo - N.Y. New York-N.E, New Jersey N.Y.-I Newark N.J. New York N.Y. Rochester " Syracuse " Philadelphia District Metropolitan Areas Wilmington Trenton Lancaster Philadelphia Reading Scranton Wilkes-Barre—Hazleton Cleveland District Metropolitan Areas Lexington Akron Canton Cincinnati Cleveland Downtown Cleveland Columbus Springfield Toledo Youngstown Erie Pittsburgh Downtown Pittsburgh Wheeling : Del. , N.J. ' Pa. " " " + + + + - 4 3 5 7 1 3 ^14 ±22 __o =11 -14 -13 -15 -13 +40 - 2 +33 - 3 + 1 -11 -15 -11 - 9 -14 -19 -17 -19 -20 -16 11 - 9 +41 +11 - 7 -12 +44 _o =12. + 2 + 5 0 + 1 + 4 0 - 3 -15 -30 + 9 r- 4 -17 + 3 - 1 +17 r+47 r+37 +41 +34 +28 r ;J r+ 9 -18 ±jf =12 ±&o =JZ =10 -20 +45 +45 +29 +42 +15 +30 +21 r- 6 + 6 + 1 - 3 - 7 - 9 + 1 + 4 + 3 • 0 + 1 - 2 - 1 - 4 + 1 • - 1 + 1 + 2 - 2 - 8 W.Va. - 2 + 4 + 2 Pa +33 +41 +43 + 4 -12 -28 -14 -21 -14 - 9 -12 ±22 ±_2 Ky. Ohio +49 + + + + 2 , 1 3 4 1 0 - 8 - 8 -11 + 3 - 4 - 8 + 2 -12 + 5 - 7 - 8 - 3 - 5 - 3 + 7 +15 +14 +26 +19 +15 r+27 +10 r+37 +13 r+20 +26 +21 +17 -10 -12 +l6 - 7 - 8 111 -16 -11- -10 -13 -22 -14 +j; -11 + 3 + 1 - 4 + 8 + 2 - 1 +16 +12 +17 - 4 + 7 + 3 + 1 +14 -17 -20 -19 - 8 -15 -20 - 4 - 3 -24 -16 - 9 -12 + 7 (051 H,8b Page 2 WEEKLY DEPARTMENT STORE SALES - SELECTED CITIES AMD AREAS (Continued) Percentage change from., corresponding period a year ago (Based on retail dollar amounts) Jan,-Nov. Week ending I960 Dec. 171 Dec. 24**|Dec. Ill Jan. 7* Federal Reserve District, Area-, and CityRichmond District Metropolitan Areas Washington Downtown Washington Baltimore Downtown Baltimore Richmond Atlanta District Metropolitan Areas Birmingham Mobile Jacksonville Miami Tampa-St. Petersburg Atlanta Augusta Columbus ~ New Orleans Knoxville Cities Mi ami-Dovmt own Central Atlanta D.C. Md. Va. 0 - 6 0 - 4 - 4 -12 m r=_l -12 -16 -15 -15 - 9 +34 +23 +47 +47 +20 r+ 2 r+ 4 - 9 r+ 7 -17 -13 -18 - 4 +25. r+_2 r__0 - 4 +10 +20 +34 r- 5 +18 +11 + 8 - 5 - 3 - 3 r+41 r+17 r+12 + 7 +18 r+31 r+ 7 +11 + 5 r-10 r-17 r- 4 0 r+10. -16 +14 +20 r+l6 + 4 - 7 c-13 - 2 +J= Ala. Fla. 0 + 2 + 8 La. Tenn. XI + 1 + 2 - 3 - 1 + 1 Fla. Ga. -10 -10 + l Ga. - 5 - 2 - 3 - 8 -10 z-2. *** -4 - 4 +11 - 7 -14 Chicago District Metropolitan Areas Chicago Indianapolis Detroit Grand Rapids Milwaukee _0 +28 +.S zii 111. Ind. Mich. 0 0 + 3 + 1 - 4 - 4 - + 2 -10 + 2 +14 +18 + 6 + 3 -15 + 1 ; Wis. +32 +15 +23 +21 +35 St. Louis District Metropolitan Areas Little Rock Louisville St. Louis Memphis ±18 zJt Ark, Ky. Mo. Tenn. + + - +14 r+18 +18 r+16 - 3 + 5 - 1 -23 + 5 Minn. - 1 Minneapolis District Metropolitan Areas Mpls.—St. Paul Mpls. and Suburbs St. Paul Cities Duluth-Superior Minn. & Wis. 2 0 -20 -18 -15 5 6 1 4 r- 2 + 8 r- 1 ±_1 ±_2 +28 ±1 zll + 3 + 4 - 1 + 2 + 3 - 1 +28 +29 +27 + 5 + 7 + 3 -13 -14 + 2 +17 + 7 -15 - 2 + 8 -14 -12 -10 H'.8b Page 3 WEEKLY- DEPARTMENT STORE SALES - SELECTED CITIES AND AREAS (Continued) Percentage change from corresponding period a year ago Federal Reserve District, Area, and City Kansas City District Metropolitan Areas Denver Topeka Wichita Kansas City Downtown Kansas City St. Joseph Lincoln Albuquerque Oklahoma City Tulsa City Joplin Dallas District Metropolitan Areas Dallas El Paso Fort Worth Houston San Antonio San Francisco District Metropolitan Areas Los Angeles-Long Beach Downtown Los Angeles Westside Los Angeles Sacramento San Diego San Francisco-Oakland San Francisco Oakland San Jose Portland Salt Lake City Seattle Spokane Tacoma Jan.-Nov. ' Week ending I960 Dec. 171 Dec0 24**1Dec. 311 Jan,7* __o i-6 ±25 r+12 =-2 + 3 - 1 -13 + 2 - 2 - 4 + 7 - 3 0 - 4 +10 + 4 - 9 + 2 + 1 + 2 +14 + 4 + 1 + 2 +25 +33 + 4 +19 +25 +30 +50 +18 +19 +20 +15 r+17 0 +19 + 9 +27 r+32 + 8 r+10 r- 2 - l - 5 -17 - 9 -13 - 2 +13 -"21 - 9 + 6 -10 0 +17 r+15 -18 z_2 z_l ±24 + 2 rll 0 -12 -5 0 - 4 + + - +29 +15 +19 +23 +30 + 7 0 + 6 +12 - 8 -10 -22 -9 -11 -10 Col. Kans, " Mo»-Kans. Mo. " Nebr. N.Mex. Okla. Mo, Tex. " " ir 11 Calif. 0 . 5 +22 r+J} r^li - 1 - 3 + 1 - 6 -10 - 5 - 2 + 4 - 5 - 6 - 2 -10 - 1 + 1 - 5 - 3 - 6 +17 r+12 + 1 - 5 +11 + 5 + 5 + 2 - 2 + 4 + 2 +11 +18 + 9 - 2 + 7 -19 -25 -15 - 5 - 3 - 9 -11 - 5 - 3 - 8 - 5 -34 + 4 + 4 + 8 + 3 - 1 Ore. Utah Wash. " 4 4 2 3 0 + + - 8 3 1 4 0 - 4 + 8 +21 r+38 r+29 +28 +32 +27 +26 +22 +18 +28 +21 - 9 - 9 c—Correction. r—Revised. ***Not available. *—New Year's Day this year occurred in the week ending January 7 whereas last year it was in the week ending January 2, I960. The week of January 7, 1961, therefore, had one less trading day than the corresponding week last year. **-The large percentage changes shown for this week are due mainly to the difference in timing of Christmas 1959 and I960. Christmas in 1959 fell on Friday whereas in I960 it was on Sunday. Therefore, the week ending Dec. 24, I960 had the advantage since it included 6 pre-Christmas shopping days, while the 1959 week ending Dec. 26 contained 4 pre-Christmas shopping days, 1 holiday and 1 postChristmas shopping day.