XN000022-1986-05-01 — Page 5

THURSDAY, MAY 1, 1986

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Graph 1: Value Indexes of Total Retail Sales

Value Index

Value index

200

200

190

$190

180

180

170

170

160

160

150

150

140

140

130

130

120

120

Value index

110

Seasonally adjusted value index

Trend

110

0

0

Mar

Jun

Sep

83

Mar Dec

84

Jun

Sep Dac

Mar Jun

85

Sep

Dec

Mar

Jun

86

Graph 2: Volume Indexes of Total Retail Sales

Volume index

180

170

Volume index

Seasonally adjusted volume index

160

Trend

150

140

130

120

110

100

90

Volume Index

180

170

160

-150

-140

130

- 120

110

100

90

0

Mar 83

Jun

Sep

Dec Mar Jun

Sep

Dec

84

Mar 85

Jun

Sep

Dec

Mar

Jun

06

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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