THURSDAY, JUNE 2, 1988

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Graph 1: Value Indexes of Total Retail Sales

Value index

Valve index

180

180

160

140

120

100

Value index

Seasonally adjusted value index

Trend

160

140

120

100

Sep

86

Dec Mar Jun Sep Dec Mar Jun Sep Dec

87

88

Mar

Jun

89

Graph 2: Volume Indexes of Total Retail Sales

Volume index

Volume index

180

180

160

140

1

1

Volume index

Seasonally adjusted volume index

Trend

120

100

Да

Sep Dec Mar Jun

86

Noles: (1) Monthly average of Oct 84

Sep Dec

87

Mar

Jun

88

Sep Dec

Mar

Jun

89

Sept 85 = 100

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

the X-11 variant seasonal adjustment program of the US Bureau of the Census

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160

140

120

100

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