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gOABD OF GOVERNORS CF JEHE FEDERAL RESERVE SZSTEM G.7.3 . 1 FOR IMMEDIATE RELEASE .JUNE 12, 1957 • MON1HLI DEPARTMENT STCRE SALES AND STOCKS, BT DEPARTMENTS UNITED STATES - APRIL 1957 (Based oh retail dollar amounts) Summary by Selected Department Groups Women's Men's Main apparel and store and boys' total acces- wear Home furnishings fxece goods and household textiles Small wares Miscellaneous ment store total SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) Feb. 1955 Mar, 1955 Apr. 1955 76 98 100 74 107 110 65 83 95 88 101 97 68 78 75 81 89 93 65 81 89 69 101 107 Dec. Jan. Feb. Mar. Apr. 1955 1955 1956 1956 1956 203 87 82 106 94 , 189 80 80 ia 98 285 73 68 95 79 148 100 97 99 105 118 134 72 75 79 669 90 90 98 93 350 61 66 97 77 180 76 74 108 94 Dee. Jan. Feb. Mar. Apr. 1956 1957 1957 1957 1957 202 91 82 97 10U 188 84 81 105 120 278 78 67 77 98 149 101 96 105 96 117 139 71 77 73 271 95 90 .. 92 97 346 65 67 81 94 177 81 73 94 111 ; STOCKS INDEXES (Unadjusted , 1947-49 .average of end-of-month stocks - 100) • z Feb. 1955 Mar. 1955 Apr. 1955 112 122 122 121 131 128 115 127 130 106 116 119 105 107 109 109 117/ 122 100 111 110 107 116 116 Dec. Jan. Feb. Mar. Apr. 1955 1956 1956 1956 1956 115 116 122 130 133 117 121 133 338 138 116 111* 125 13U ,142 114 114 117 130 131 116 109 111 114 115 lie 116 119 124 130 100 111 109 115 : 118 102 104 115 119 122 Dec. Jan. Feb. Mar. Apr. 1956 1957 1957 1957 1957 122 121 126 138 139 124 125 134 148 m 128 1ZL .132 145 149 120 120 122 133 136 120 111 114 118 119 125 123 123 132 138 104 118 112 124 123 103 104 112 122 122 2.5 3.0 2.6 4.4 5.7 4.9 4.2 4.3 5.0 4.4 4.4 5.0 4.1 4.4 4.5 3.1 3.8 3.4 2.2 2.6 2.3 RATXO OF STOCKS ^0 StLIES Apr. 1955 Apr. 1956 Apr. 199! 3.4 3.9 3.7 Figures for departments within groups given on following pages • G.7.3 ^ , Page 2 MONTHLY DEPARTMENT STORE SAIES AND STOCKS, BY DEPARTMENTS UNITED STATES - APRIL Department Percentage change from corresponding period Ratio of Unadjusted a year ago stocks to indexes sales 1/ (19U7-U9 ? / av. =100 \TeTol April 1 month) April Apr.|Jan.-Apr.1 Apr. 195711956 Sales|Stocks GRAND TOTAL-entire store +12 + 1 + U 3.U 3.6 — — MAIN STORE TOTAL +11 + 1 + 5 3.7 3.9 10U 139 PIECE-GOODS, HOUSEHOLD TEXTILES - 8 0 + 3 5.0 4.U 73 119 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods Household textiles Linens and towels Domestics—muslins , sheetings Blankets, comforters, spreads - 2 + 3 +13 - 7 — 5 5 1 6 - 1 + 1 -5 - 1 3.8 3.7 6.6 3.2 3.7 3.7 8*7 3.0 68 63 23 109 89 81 63 125 -12 —16 -1U + + + + 2 3 2 3 + + + + 5 5 5 7 5.7 5.9 5-6 5.5 U.8 5.4 U.U u.u 76 76 73 85 136 122 160 138 -4 +u + 1 + 6 U.5 U»U 97 138 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drag sundries +11 0 + 6 0 0 + 2 + 8 + U + 7 U.2 3.9 U.o U.3 3.8 3.8 108 113 113 1U3 158 130 Silverware and jewelry Silverware-and docks Costume jewelry Pine jewelry and watches - 2 -21 +12 - 8 - 2 + 3 + + + + 5 6 U 1 5.9 9.1 3.6, 10,3- 5.6 6.9 3.8 9.5 8U 71 98 9U 1U7 166 1U1 159 Art needlework Books and stationery Books and magazines Stationery -10 +33 + 6 +17 +u +u + 3 + + + • U 8 8 7 6.6 U.3 3.3 U.7 5.8 4.5 3.3 5.1 62 91 97 89 113 138 123 1U6 WOMEN'S APPAREL AND ACCESSORIES +22 + 3 + U 2.6 3.0 120 1UU Wcmen's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hesiery +27 +20 +33 +63 +55 +12 + 7 + + + + + + - + 5 + 6 - 2 +19 +10 + 9 + 3 3.2 2.5 3.8 117 .. 1U9 2.9 125 169 70 5.U 5U 0.9 15U 96 101 U.3 116 3.3 1U8 179 3.1 81 138 SMALL WARES Underwear, slips, and negligees Knit underwear Silk & nnslin underwear, slips Negligees, robes, lounge apparel infants' wear Handbags, small leather goods Women's and children's shoes Children's shoes Women's shoes + 2 + U + 2 - 2 +1& +U0 +36 +116 +23 -u — 6 + 2 2 U 2 2 1 5 U - -l + 3 -3 0 + 5 + 2 + U + 6 + U • + + + + + + + + 3 U U 6 5 6 3 3 U U.O 0.7 3.0 3.2 3.0 3.9 U.O U.o 3.0 2.7 2.3 U.3 3.6 U.5 3.8 U.0 3,9 2.8 3,7 3.1 5.7 7.3 5.U 81 98 7U 81 128 132 150 16U 150 138 175 127 118 1U3 153 175 17U 179 G.7.3 Page 3 MONTHLY BEPAR3MENT STORE SALES AND STOCKS, BT DEPARBJENTS (Continued) UNITED STATES - APRIL Department Percentage chaiige from corresponding period a year atF° Sales during Stocks (end of period month) Apr.jJan.-Apr. Apr. Unadjusted indexes (1947-49 av.=100 y April April 195711956 Sales! Stock. Ratio of stocks to sales 2/ WOMEN'S APPAREL, ACCESSORIES (Cent.) Women*s apparel Women's, misses* coats & suits Woman's, misses' coats Women's, misses' suits Juniors1 and girls' wear Junioys^coats, suits, dresses Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'S AND BOYS' WEAR Men's Men's Boys' Men's clothing furnishings and hats near & boys' shoes, slippers HCMEFDRKISHBGS Furniture and bedding . Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl, small appliances) Gift shop Radios, phonographs, television pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheet music, instr* MISCELLANEOUS MERCHANDISE DEPTS, Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Imggage Candy +18 +12 + 6 " +22 +51 +31 +91 + 8 +13 + 4 +12 • 6 •32 + 3 + 1 + l + 1 + 5 + 4 + 7 + I + 3 - 2 + 5 + l +14 + 4 + 9 +13 + 4 + 3 + 2 + 6 + 2 0 + 5 + 4 - 2 + 8 2.0 2.3 122 1^ 1.7 94 1.5 , 1.4 93 110 2.1 1.7 2.5 146 1.7 1.7 136 1.4 2.1 3.6 159 1.6 1.7 130 1.2 1.4 138 2.0 126 2.1 3.0 3.2 124 2.0 136 1.9 80 U.7 5.7 137 93 90 106 146 129 160 143 142 148 188 140 100 +23 + 1 + 5 4.9 5.7 98 149 +11 +11 +74 +32 + + + + + + + 5.6 5.3 3.2 6.1 5.8 5.6 5.3 7.5 103 77, 139 126 166 139 133 167 1 l 5 4 8 3 4 6 - 9 - i + 4 5.0 4.3 96 136 -10 -lit - 7 -13 -15 -12 + i -1 + i 0 + i -1 + + + + + 5 4.9 2.7 5.6 5.7 6.1 4.7 4.3 107 2.4 115 5.1 104 4.7 73 4.9 75 3.8 64 141 167 138 112 124 78 - 7 - 9 - 4 . -15 - 8 - 1 - 3 0 + 1 -9 - 2 0 + + + + + + 3 U U u 6 U 4.9 5.1 8.8 3.3 4.5 6.9 4.4 4.5 7.9 2.6 3.9 6.5 104 81 90 74 114 93 135 132 139 124 158 161 -11 -19 + 9 + 6 + 1 +14 +18 +18 +18 4.1 3.7 5.0 89 3.1 2.6 79 4.2 .109 131 127 129 +23 * 2 + 5 3Ut 3.8 94 123 + + + + > + + + + 5.8 5*7 6.1 5.3 0.8 6.4 7.1 5.7 4.9 1.6 76 61 102 82 143 139 130 148 141 110 +14 +29 0 - 1 +104 4 1 7 3 3 2 1 2 3 3 3 k 7 3 0,7.3 . Page U MONTHLT DEPARTMENT STCEE SAXES AMD STOCKS, BY DEPARTMENTS (Continued) " UNITfcD STATES - APRIL BASEMENT STORE TOTAL Domestics and blankets Percentage change from corresponding period a year ago ^ Sales during Stocks (end of period month) Apr.IJan.-Apr. -Apr. April 195711956 +18 0 2.3 2.6 W 122 • 1 U.o 3.2 112 179 + 1 1.7 2.0 116 117 • 2 -17 Wcmen's, misses 1 ready-to-wear Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms ^ +2h + 8 +10 + 8 +i|0 +20 +10 +77 +1*3 -10 • 1 + 2 + 1 2 2 2 1 6 , 8 U - 5 + 1 - h + 2 + 3 - 6 + 1 + h • 1 -3 Unadjusted indexes •saw April I I Ratio of stocks to sales y M>8 135 •2.6 2.7 2.2 2.U 3/ 3/ 2.7 2.8 3/ 0.9 1.2L 107 73 1.0 1.2 117 109 118 1U9 2.1 2.3 1.5 2.5 165 11*0 2.1 2.8 135 130 y 2.1 1.9 3/ Men's-and boys 1 wear +28 5 - 1 2.6 3.3 121 336 Men's wear t Men's clothing — H e n ' s furnishings Boys' wear +13 +18 + 9 +87 + .k + 5 3 + 9 - 1 0 - 2 - 1 3.0 2.8 3.1 1.8 3.3 3.2 3.3 3.3 109 135 9h 168. 339 I5iv 130 33k -15 - 3 - 3 3.5 2.9 93 122 0 131* Homefurnishings *=» Shoes +36 k 3.2 U.3 333 NONMERCHANDISE TOTAL , +11 • 3 3/ V y 120 1/ Barber and beauty shop +13 + 1 y 3/ 3/ 161 2/ 1/The ratio of stocks to aales is obtained by dividing stocks at the end of the month by sales during the month and hence indicates the number of months1 supply on hand at the end of the month in terms of sales for that month* 2/The 19U7-U9 average of monthly sailes and end-of-month stocks for each department is used as the base, in computing sales and stocks indexes, respectively, for that department. For description of series, see pages 11U6-U9 of the November 1953 Federal, Reserve Bulletin. A' brochure containing back data for the departmental series for the period I9k0~1$52, inclusive, may be obtained from, the division of Administrative Services, Board of Governors of the Federal Reserve System, Washington 25, D . -C. 3/Data not available. Sote:—Based on reports from a group of large department stores located in various titles throughout the country. In 1956, sales and stocks at these stores accounted for almost $0 per cent of estimated total department store sales and stocks. Not all stores report data for all of the departments' shown; consequently, the sample for the individual H ApnvhmpTvhn 5s not so ccmpv*»h*»nsive as that for the total. - • — April this year had one more trading day than last. .