Christmas Sales in Retail Trade

Gerhard Thury and Michael Wüger
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Gerhard Thury: WIFO
Michael Wüger: WIFO
Authors registered in the RePEc Author Service: Michael Wueger

WIFO Monatsberichte (monthly reports), 1989, vol. 62, issue 12, pages 700-705

Abstract: Retail sales immediately before Christmas (in December) and exceeding a "normal level" may be termed "Christmas sales". Econometric models were used to adjust the time series on retail sales for changes in tax codes and calendar effects and then to decompose the resulting series into trend, seasonal, and irregular components. The deviations of the adjusted December sales from the trend serve as an estimate of Christmas sales. For 1989, the outlook is for relatively high sales, particularly for textiles, electronics, and furniture.

Keywords: Das Weihnachtsgeschäft im Einzelhandel; Christmas Sales in Retail Trade (search for similar items in EconPapers)
Date: 1989

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