9

FRIDAY, JANUARY 31, 1986

vd

190

180

170

160

150

140

Graph 1: Value Indexes of Total Retail Sales

Anth

Value index

190

180

170

160

150

140

130

130

120

-120

110

Value index

110

100

Seasonally adjusted value index Trend

100

0

0

Mar

Jun

83

Sep Dec Mar Jun Sep Dec

84

Mar Jun Sep Dec

85

Mar Jun

86

Volume Index

Graph 2: Volume Indexes of Total Retail Sales

180

170

160

Trend

150-

140

130

120

110

100

90

Volume index

Seasonally adjusted volume index

Да

Volume Index

189

170

160

150

$140

130

-120

110

100

0

Mar

Jun

Sep Dec

Mar Jun Sep Dec

83

84

Mar 85

Jun

Sep Dec Mar

88

Jun

Notes: (1) Monthy average of 1980 = 100.

(2) The seasonally adjusted value and volume indexes and Henderson trends are compiled using

theX-11 variant seasonal adjustment program of the U.S. Bureau of the Census.

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