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BQAIiD OF GOVERN CK£> GF THE FEBBjBAL RESERVE SYSTEM G.7.3 FOR IMMEDIATE REIEASE May 1 7 , 1957 MCKTHLI DEPARTMENT STORE SAI£S AND STOCKS, B£ DEPARTMENTS DNITEP STATES - MARCH 1957 . (Based on retail dollar amounts) Summary By Selected Department Groups Main Store Piece Women's goods Home Main apparel Men's store furnish- and and Small and house- wares ings total acces- beys' hold wear sories textiles SALES INDEXES (Unadjusted, 191*7-1*9 average monthly sales - 100) Jan, 1955 Feb. 1955 Mare 1955 86 76 98 80 71* 107 7U 65 83 95 88 101 . Miscellaneous Basement store total 132 68 78 85 81 89 58 65 81 78 69 101 Hov. Dec. Jan. Feb. Mar. 1955 1955 1956 1956 1956 131* 203 87 82 106 126 189 80 80 121 157 285 73 68 * 131 lli8 100 97 99 96 118 13k 72 7? 116 269 90 90 98 181* 350 61 66 97 .132 180 76 7U 108 Hov. Dec. Jan. Feb. Mar. 1956 1956 1957 1957 1957 11*0 202 91 82 97 333 188 . 81* 81 105 163 278 78 67 77 135 11*9 101 96 105 99 u r 139 71 77 150 271 95 9Q 190 366 65 67 81 135 ' 177 81 73 91* . 92 STOCKS INDEXES (Unadjusted, 19U7-U9 average of end-of-month stocks - 1 0 0 ) Jan, 1955 Feb, 1)55 Mar. 1955 106 112 122 110 i a 331 105 115 327 103 106 116 103 105 107 107 109 117 103 100 111 98 107 116 Hov. Dec, Jan. Feb. Mar. 1955 1955 1956 1956 1956 11*3 115 116 122 130 153 117 121 133 338 160 116 111* 125 131* 122 HI* HI* 117 130 117 116 109 111 111* 155 318. 116 119 121* 172 100 111 109 135 132 102 101* 135 119 Hov. Dec. Jan. Feb. Mar. 1956 1956 1957 1957 1957 15U 122 121 126 138 161* 121* nk 13U 11*8 128 121 132 11*5 331 120 120 122 133 121 120 111 131* 118 365 125 123 123 332 185 101* 118 112 121* 136 103 101* 112 122 2.6 2.5 3.1 5.0 l*.6 6a 3.9 U.5 1*.U 4.1 1*.7 1*.2 1*.0 U.6 3.1* 3.0 1*.0 2 J* 2.3 2.7 12$ RATIO OF STOCKS TO SAIES Mar. 1955 Mar. 1956 Mar. 1957 3.5 3J* 4.0 5.6 F i g u r e s f o r d e p a r t m e n t s w i t h i n g r o u p s g i v e n on f o l l o w i n g p a g e s . Page 2 G.7.3 MONTHLY DEPARTMENT STQEE SAI£S AND STOCKS, BI DEPARTMENTS UNITED STATES - MARCH Department GRAND TOTAL-entire s t o r e P e r c e n t a g e change from corresponding p e r i o d a year age Stocks S a l e s d u r i n g (end of period month) Mar, M a n , - M a r , Mar. + 6 2 - 9 Unadjusted indexes (19U7-U9-, av.-lOO y March March 195711956 S a l e s | S t o c k s — 3.2 — 3.7 R a t i o of stocks t o sales 1/ MAIN STORE TOTAL — 8 - 2 + 6 U.O 3.U . 97 238 PIECE GOCDS, HOUSEHOLD TEXTILES • 3 - • 2 • 3 U.7 U.6 77 118 P i e c e goods Silica, v e l v e t s , s y n t h e t i c s Woolen y a r d goods Cotton y a r d goods - U - 7 + 1 - 3 - 6 7 3 5 0 + 3 0 - 2 3J& 3.2 3.9 3.2 3.2 2.9 3.9 3.2 80 72 53 109 9U 81 71 128 Household t e x t i l e s L i n e n s and t o w e l s Domestics—muslins, M e e t i n g s Blankets, comforters, spreads + 8 + 6 +11 + 9 • + + + 6 U 6 8 + 5 + U > 8 + U 5.6 5.6 5.6 5.6 5.7 5.8 5.7 5.7 7U 7U 71 79 130 115 158 130 0 + 6 U.6 U.o 92 132 U.7 U.7 3.9 3.8 U.3 3.U 96 93 108 1U3 155 126 SMALL WARES - 6 • Laces, trimmings, embroideries, and r i b b o n s Nations T o i l e t a r t i c l e s , drug s u n d r i e s - 9 - 2 - 6 - U 0 0 + 8 + 6 + 7 S i l v e r w a r e and j e w e l r y S i l v e r w a r e and c l o c k s Costume j e w e l r y F i n e j e w e l r y and watches -13 - 2 -17 -35 - 2 +13 -10 - 5 + + + + 6 6 7 3 6.U 8.U U.1 11 5.2 7.7 3.1 9.0 76 73 83 69 1U1 157 138 131 A r t needlework Books and s t a t i o n e r y Books and magazines Stationery - U + U • 9 + 5 + 1 + U 0 + 8 U.9 3.9 2.7 U.8 5.U 3.U 2.5 3.9 80 96 118 85 107 131 119 135 WOMEN'S APPAREL AND ACCESSORIES -13 - U * 7 3.1 2.5 105 1U8 Women's a c c e s s o r i e s Neckwear and s c a r f s Handkerchiefs Millinery Women1s and c h i l d r e n ' s g l o v e s C o r s e t s and b r a s s i e r e s ^Women's, c h i l d r e n ' s h o s i e r y -17 -11 -21 -30 -38 - U -15 - 6 - 2 - 7 -16 -15 + 2 - 7 + 8 + 6 0 +31 ¥18 . +11 + 6 3.8 3.0 U.9 1.2 5.0 3.5 3a 2.9 2.5 3.8 0.6 2.6 3.0 2.5 100 106 U5 121 78 135 78 151 170 72 1U2 310 177 33U - 7 - 3 -12 - 3 -17 -2U -19 -38 -13 - 2 + 2 - 5 • 1 - 6 -10 + 3 + 3 + U + 3 +11 +12 + 7 +12 + 6 U.1 U.2 U.5 3.0 3.3 3.2 3.7 3.8 3.8 2.8 2.5 2.1 U.o 3.0 U*3 72 93 62 7U 110 100 125 108 129 132 171 123 1GU 1U5 158 180 182 182 Underwear, s l i p s , and n e g l i g e e s Knit underwear - S i l k & m u s l i n underwear, s l i p s Negligees, robes, lounge.apparel I n f a n t s ' wear Handbags, s m a l l l e a t h e r goods Women's and, c h i l d r e n ' s shoes C h i l d r e n ' s shoes Women's shoes +9 + 9 0 - 9 .. -20 - 3 . SA 5.5 5.3 0*7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - MARCH Department P e r c e n t a g e change f r o m corresponding period a y e a r ago Stocks~ S a l e s d u r i n g (end of period month) Mar. | Jan . - M a r . Mar. R a t i o of stocks t o sales 1 / Unadjusted • indexes (1947-49 av.=100 2 / March March 195711956 Sales1Stocks WCIEN'S APPAREL, ACCESSORIES ( C o n t , ) Women1 s apparel Women's, misses * coats & suits Women1s, misses* coats Women's, misses' suits Juniors' and girls ' wear Juniors' coats, suits,, dresses Girls* wear - 2 - 2 . o - 6 - 9 — 6 -13 + 6 + 4 + 5 + 3 +18 +16 +19 2.4 1.9 1.7 2.1 2.2 1.8 2.7 2.0 1.6 1.5 1.8 1.5 1.4 1*7 110 103 97 120 128 120 138 143 116 106 140 162 145 175 - 2 + 1 +13 -3 - 1 - 5 • 3 - 1 +10 + + + + + 5 5 6 4 1 3 2.0 1.6 2*5 3.3 2.3 4.3 1.8 1.4 2.2 3.0 2.3 4.6 iio 110 109 106 109 89 148 141 152 -19 - 6 + 9 6.1 4 jS 77 145 - 9 -]6 -32 -20 - 3 - 5 -15 - 5 +10 + 5 +16 + 2 7.0 6.0 4.8 7.2 5.7 4.7 2.8 5.6 8) 65 98 99 162 133 140 160 + 5 + 2 <> 4.4 hS 1C5 133. Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum +10 +11 +11 + 8 +10 + 7 + + + + 4 3 4 4 * 5 + 4 4.1 2.1 4.6 4.6 4.7 4.1 4.5 2.4 5.1 -4.9 5.0 4.4 124 334 120 92 92 63 138 157 133 115 115 70 Draperies, curtains, upholstery Lamps and shades China and glassware Ma jor household appliances Housewares (incl. small appliances) Gift shop 0 + 5 0 - 3 + 4 -3 - 2 + 3 + 3 - 7 + 1 + 1 + + + + + + 2 3 3 5 5 5 4.8 4.4 8.1 3.1 4.4 7.0 4.7 4.5 7.7 2.7 4.2 6.4 103 86 93 78 113 88 133 * 122 135 120 151 154 Radios, phonographs, television pianos, records, sheetmusic, instr. +15 Radios, phonographs, television +18 Records, sheet music, instr. + 9 +11 + 8 +16 +11 + 6 +18 3.1 2.7 4.0 3.2 3.0 3.6 120 111 125 127 115 128 Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs 'MEN'S AND BOYS' WEAR Men's clothing Men's furnishings and hats Boys' wear Men's & b o y s ' s h o e s , s l i p p e r s HCMEFUENISHINGS MISCELLANEOUS MERCHANDISE DEPTS. - 9 - 9 - 8 -11 -20 -16 -24 - 8 - 6 .- 9 - 2 - 4 - 1 + 1 + 2 ( - . - 1-1 $ 101 -17 - 5 + 8 4.0 3.0 81 124 Toys, games, sporting goods, cameras - 1 2 Toys and games -22 Sporting goods and cameras + 1 Luggage 0 Candy -52 o -10 +10 - 4 -23 + 5 + 5 r+ 5 + 6 +69 6.9 7.3 6.4 5j6 2.0 5#7 5.3 <6.1 5.2 0.6 63 45 88 75 89 136 124 336 133 158 - 1 G.7.3 Page 1* MCMTHLI DEPAR3MEST STORE SALES AND STOCKS, BI DEBARMENTS (Continued) UNITED STATES - MARCH Department P e r c e n t a g e change frcut corresponding p e r i o d a y e a r ago Stocks S a l e s (faring ( end of period month) Mar. I J a n . - M a r . Mar. R a t i o of stocks t o sales 1/ Unadjusted indexes (191*7-1*9 av.-lOO 2 / 195711956 S a l e s I s t o c k s BASEMENT STORE TOTAJ, -13 -1* • 3 2.7 2.3 91* 122 Domestics and b l a n k e t s • 7 + 3 - 2 3.7 1*.0 81* 121* Women's, m i s s e s ' rea<for-t<Mroar —16 — 6 +6 2.1 1.7 91* 121 - 8 -33 - 1* -21 -It* - 2 -27 -21 - 1 - 2 — 6 0 -10 - 7 + 2 0 + 2 2.7 2.3 2.9 1.9 2.7 Intimate apparel Hosiery Underwear, c o r s e t s & b r a s s i e r e s Coats and s u i t s Dresses B l o u s e s , s k i r t s , and s p o r t s w e a r G i r l s ' wear I n f a n t s ' wear Aprons, h o u s e d r e s s e s , u n i f o r m s toil — 8 - 3 +J 1.1* 2.1* 1.0 - 2 +19 *9 + 2 11 2.2 1.1 2.5 1.3 + 1* I£ 128 86 I 2.3 2.0 2.3 93 123 109 3/ 3.1* 2.7 97 137 + 2 + 3 0 +13 J* 3.1 3.2 3.1 89 107 77 3120 2.8 151* 1/ Men's and b o y s ' wear —16 Men's wear Men's c l o t h i n g Men's f u r n i s h i n g s Beys' wear - 9 - 8 - 9 -31 0 0 0 -12* + 3 +3 - 6 3.2 3.3 96 113 —22 — 8 + 5 hJO 3.0 105 132 Homefuraishings NQNMERCHANDISE TOTAL - 5 B a r b e r and b e a u t y shop - 9 - 2 3.5 2.9 1.8 121* 252 3/ 3/ 2/119 3/ 3/ 3/ 3/ 3/ 135 1 / 'lhe r a t i o of s t o c k s t o s a l e s i s o b t a i n e d by d i v i d i n g s t o c k s a t t h e end of t h e month by s a l e s d u r i n g t h e month and hence i n d i c a t e s t h e number of months' s u p p l y on hand a t t h e end of t h e month i n t e r m s o f s a l e s f o r t h a t month. y The 191*7-1*9 a v e r a g e of monthly s a l e s and end-of-month s t o c k s f o r each department i s u s e d a s t h e b a s e i n computing s a l e s and s t o c k s i n d e x e s , r e s p e c t i v e l y , f o r . t h a t d e p a r t m e n t . F o r d e s c r i p t i o n of s e r i e s , s e e p a g e s 1146-1*9 of t h e November 1953 F e d e r a l Reserve B u l l e t i n . A brochure c o n t a i n i n g back d a t a f o r t h e d e p a r t ure n t a l s e r i e s f o r t h e p e r i o d 191|0-1952, i n c l u s i v e , may be o b t a i n e d f r o m t h e D i v i s i o n of A d m i n i s t r a t i v e S e r v i c e s , Board o f Governors of t h e F e d e r a l Reserve System, Washington 2 5 , D„ C. 3/Data not available. Note$—Based on r e p o r t s from a group of l a r g e department s t o r e s l o c a t e d i n v a r i o u s c i t i e s t h r o u g h o u t t h e c o u n t r y . I n 1956, s a l e s and s t o c k s a t t h e s e s t o r e s a c counted for almost 50 p e r c e n t of e s t i m a t e d t o t a l department s t o r e s a l e s and s t o c k s . Not a l l s t o r e s r e p o r t d a t a f o r a l l of t h e departments shown; c o n s e q u e n t l y , t h e sample f o r t h e i n d i v i d u a l d e p a r t m e n t s i s n o t so comprehensive a s that f a r the total* March t h i s y e a r had one l e s s t r a d i n g day t h a n l a s t *
@FedFRASER