XN000022-1985-07-03 — Page 7

Value Index

6

́Y, JULY 3, 1905

Graph 1: Value Indexes of Total Retail Sales

Value index

190

190

180

Value index

Season. My adjusted value index

- 180

170

----

Trend

170

160

160

150

150

140

140

130

-130

120

120

110---

110

100

100

0

0

Mar

Jun

Sep Dec Mar Jun

Sep Dec

83

84

Mar 85

Jun Sep Dec

Mar

Jun

86

Graph 2: Volume Indexes of Total Retail Sales

Volume index

180

Volume index

180

170

Volume index

170

Seasonally adjusted volume index

160

Trend

160

150

150

140

140

130

130

120

120

110-

110

100

100

90

90

0

0

Mar 83

Jun Sep Dec Mar Jun Sep Dec 84

Mar 85

Jun Sep

Dec Mar

8€

Jun

Notes (1) Manthy average of 198)) = 100

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

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