Full text of G.16 Retail Furniture Report : March 7, 1947

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'

DEPART,VEN-T

OF..CVC.VERNORS..jOF -TBS FEDERAL RESriWE SYSTEM

G,l6

March 7, 19L7

• • • . RETAIL 'EUKNITCRE REPORT - F.Cft *• JANUARY 1917

Retail furniture store sales showed about the customary decline in
January, and were 20 per cent larger"than a year ago. Cash and instalment sales
decreased sharply, but continued above the volume of'a year earlier. Although
charge-account sales were reduedd by somewhv.t .aore than the usual seasonal amount
from December to January, thv-y exc-seded the }ear-ago -level -by Sh per cent. •
Inventories were built up slightlyy and continued about three-fourths
larger than or. the corresponding date of 19U6, At the end of the month, they
amounted t c a b o u t three months' supply at th-; current rate of sale, approximately
the sime as for January a year ago.
Instalment accourits receivable trore U per cent less than at the year-end,
but were substantially larger than on January 31, 19i;6- Collections on instalment
accounts declined and the collection ratio dropped four points td 22 per cent.
Instalment accounts were liquidated, on the average, in about eight months .as
compared with approximately seven months in January last,year. „
Furniture Store Statistics for January 19h7

•

Percentage • change from:
. Dvceniber 19li6 January 15JU6
to
.to
January 19l7 January 19L7
Net sales
'
.
' •
' Total
'
Cash sales
Credit sales: Instalment
Charge account

—L.Q
• -!:L
-L3
-38

Accounts rr clivable, at cr.d of month
Total Instalment
Collections during month
Total " '
Instalment
Inventories, end of month, at retail value

- 7
- It

+)A
+31
•" V

:
+.2 , "
•r • i?

+30 '
+17

.+ j.

+75

N o t e . — T h e s e figures are preliminary and subject to revision.




+20,
+ 2
- +19
+5ii" -

/

10

— 2 -

RETAIL FDRNITtritfi STORES - JANUARY 1947*
#

Sales arid Inventories

Fodcrral Re servo
District

Total net sales

Cash sales

Credit sales

Inventories . ,
end of month -/

Dec.'46 Jan. *46 Dec.* 46 Jan.* 46 Dec.*46 Jan. *46 Dec.*46 Jan. *46
to
to
to
to
to
to
to
to
Jan.*47 Jan. *47 Jan.*47 Jan.*47 Jan.* 47 Jan. *47 Jan.* 47 Jan. *47

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City '
Dallas
San Francisco

-26
-55
-36
-33
-3d
-35
-39
-36
-30
-32
-35
-37

+ 5
+23
+19
•llr
+22
+10
+12
+ 7
+25
+32
+10
+35

-35
-LP
-Itlt
-35
-12
. -13

+±h
+12
-21
+1L

-19
-56
-35
-29
-37
-35
-26
-27
-23
-23
-37
-33

U. S. Total

—LG

+20

-LL

+ 2

-39

+29

+ I

+75

Number of stores

663

663

53L

53L

531:

53L

513

513

1/

-hi
-5k
-37
-50
-U3

+11;
+ 1
+ 1
- 5
+ 1
-13
+ 5

+ li
+31
+26
+18
+32
+15
+11
+21;
+27
+13
+22
+52

- 6
+ 9
0
+ 2
+ 2
+ 3
+ 3
+ 5
- 6
+ 7
+ 3
+ 2

+59
+65
+66
+59
+73
+70
+63
+91
+93
+123
+128
+75

At retail value.
Accounts Receivable and Collections

Federal Reserve
District

Percent&g e change
Accounts roceivaMd, end of
Collections during month
To tal
iKf*.=3 imoac
Total
IzscnJiwnt
Dec.*46 Jan. *46 Tec,."46 Jan. *46 Doc.*46 Jan. *46 Dec.'46 Jan. **
to
to
to
to
to
to
to
to
Jan.*47 Jan. *47 Jan.*47 Jan. *47 Jan.*47 Jan. *47 Jan.*47 Jan. *4

Boston
New York
Philadelphia
Cloveland
Richmond.
Atlanta
Chicr.go
St. Louis
Minneapolis
K'.rs.-.s City
Dallas
Sar Francisco

- 5.
+
-

ii
U
3
5

- 5
- 5
- 6
- 5
-21

+12
+L0
+25
+33
+3 h
+ -i,
+32
+33
+35 .
+S7
+33
+;;1

U,./S. Total

- 7

+36

Number of stores

603

6C3?

- 3
- 5
- h
••
-

3.
L
3
6
5
1/
3
- h
•

.
V
' -—b
r
*

1/ Withheld to avoid disclosure of

w

w

w

-v

+31
+37
+29
+27
+27
+21
+22
+23

- - 3
- 5
- )i
0 '
+ 2
- h

-1/
+27
+U9

+ 7
- 1
+17

0

+11
+25
+20
+27
+27
+19
+23
+23
+ho
+16
+21
+19

- 6
-11
- 2
- 7
0
+ 3
- 5
- 5
• 1
ri/
+ 7

+17
+19
+19 '
+16
+12
• 8
+23
• 6
+39 ;
+2%
+30

- h

+31

+ 2

+30

- 5

+17 '

206

2#"

:oa

608

206

206 .

J ***** b m u j w w V ww * V w«fc

operations of individual establishments.