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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE 7 March 21, 1961. DEPARTMENT STORE; SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JANUARY 1961 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Women's apparel Men's Main Home and and store acces- boys' furnishtotal sories ings wear Piece goods and Small Miscelhouse- wares laneous hold textiles Basement store total SAJ/jS INDEXES (Unadjusted, 1947-49 average monthly sales = 100) Nov. 1958 Dec. 1958 Jan. 1959 130 221 94 124 205 87 145 308 81 131 161 103 10i:. 124 156 311 81 Sept. Oct. Nov. Dec. Jan. 1959 1959 1959 1959 I960 114 126 139 228 . 95 125 .133 133 211 89 Sept. Oct. Nov. Dec. Jan. I960 I960 I960 I960 1961 113 123 139 225 91 124 132 ' 135 209 85 88 121 138 142 299 101 170 385 74 121 193 78 118 134 139 171 104 85 92 92 122 139 110 124 152 317 103 83 105 280 390 70 108 117 127 192 77 100 114 121 . 125 155 135 162 315 96 77 84 90 92 119 135 113 122 157 315 101 83 100 178 383 72 106 115 126 189 73 • STOCKS INDEXES (Unadjusted, 1947-49 average, of end-of-month stocks Nov. 1958 Dec. 1958 Jan. 1959 100) 158 123 123 170 126 128 176 126 120 133 120 121 122 119 111 174 131 128 196 109 125' 136 103 104 Sept. Oct. Nov. Dec. Jan. 1959 1959 1959 1959 I960 150 162 166 132 133 172 178 182 137 139 165 181 187 137 132 131 138 140 128 129 122 125 124 125 119 141 162 179 136 135 149 188 194 112 130 192 138 141 108 108 Sept. Oct. Nov. Dec. Jan. I960 I960 I960 I960 1961 157 169 175 136 135 179 186 191 141 141 179 195 201 143 135 137 145 145 130 130 127 130 129 127 120 147 169 191 144 139 153 194 202 113 !3Q 134 141 146 106 106 3.6 3.8 4.0 3.1 3.4 3.5 4.8 5.2 5.6 3.9 4.2 4.5 2.4 2.6 2-6 4.0 4.2 4,3 4.9 4.8 4.6 2.8 2.9 3.0 RATIO OF STOCKS TO SALES Jan. 1959 Jan. I960 Jan. 1961 Figures for departments within groups given on following pages. v0.7.3 Page 2 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JANUARY I96I Department GRAND TOTAL-entire store MAIN STORE TOTAL PIECE GOODS, HOUSEHOLD TEXTILES Ratio of Unadjusted stocks to indexes sales 1/ (15*7-49,. aT.=1002/) January JaQiBSp is I Stocks .9611196C Sales - 5 + 1 3.8 3.6 - 5 + 1 4.0 3.8 91 135 2.6 — — - 3 + 1 2.5 135 120 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + + + + 1 2 6 1 + l 2 5 4 4.4 4.5 4.3 4.5 3.3 3.7 4.5 4.4 56 52 63 67 90 82 73 122 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads - 4 4 4 4 + + + - 2 6 1 2 2.2 2.8 1.5 2.6 2.1 2.5 1.5 2.6 190 161 245 166 134 125 153 137 - 2 + 3 4.3 4.1 101 139 - 4 - 5 + 1 - 1 + 1 + 3 5.6 4.3 3.6 5.4 4.0 3.6 60 94 128 107 144 141 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches - 6 -13 - 1 - 7 + + + + 6 2 9 7 6.5 5.8 8.6 7.3 3.8 3.4 13.6 11.8 75 66 81 69 146 147 125 168 Art needlework Books and stationery Books and magazines Stationery + - 0 + 2 + 5 + 1 3.3 3.5 3.8 3.6 3.2 2.9 4.2 4.0 114 110 119 105 107 150 141 152 SMALL WARES Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries ! Percentage change from corresponding period a ye?r Stocks Sales during (end of period monW January January // WOMEN'S APPAREL AND ACCESSORIES Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery Underwear, slips, and negligees Knit underwear Silk & muslin underwear, slips Negligees, robes, loung. apparel * Infants' wear Handbags, small leather goods ' Women's and children's shoes Children's shoes Women's shoes 7 3 3 2 - 4 + 2 3.5 3.3 85 141 + - 3 6 8 5 6 1 0 + 2 - 2 - 1 0 + 1 + 4 + 1 4.3 3.5 5-3 1.5 4.3 3.3 3.2 4.1 3.4 5.0 1.5 4.5 3.1 3.2 79 70 36 53 69 145 74 139 138 62 79 82 185 137 + - 2 2 1 1 6 6 5 7 5 + + + + + + + + 4.0 4.1 4.1 2.9 4.0 3.8 6.8 8.5 6.4 3.9 3.9 4.1 2.9 3.7 3.5 6.3 7.8 6.0 64 91 53 57 79 71 94 65 96 115 170 98 84 132 138 175 181 165 1 3 1 2 .1 2 2 2 2 G*7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) . UNITED STATES - JANUARY 196I Percentage change front corresponding period Ratio of Unadjusted stocks to indexes & Y9ST ftRS. Sales during Stocks sales i/ (1947-49. (end of period January January SalesIStorks WOMEN'S APPAREL, ACCESSORIES (CantJ Women's apparel Women's, misses1 coats and stilts Women's, misses' coats Women's, misses' suits Juniors' and girls' wear Juniors' coats, suits, dresses Girls' wear Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'S AND BOYS' WEAR ' - 5 -4 » -4 - 4 • - 9 - 9 - 9 ••+ 1 + 6 -12 0 0 0 2.8 1.9 1.6 3.1 3.5 2.5 4.7 2.7 1.8 1.5 3.4 3.2 2.3 4.3 91 96 110 53 72 74 70 144 112 114 93 150 133 163 - + + + + + + 2.7 2.1 3.3 3.2 2.4 4.2 85 2.5 86 2.0 81 3.1 '3.0 100 2.3 97 3.7 108 156 156 150 16* 131 12$ 4 5 2 4 3 9 « ° 2 2 3 3 2 4 - 5 + 3 5.6 5.2 77 135 - 8 - 2 - 4 - k + 6 0 + 2 + 4 5.5 5.2 6.1 7.3 4.8 5.1 5.7 6.8 95 68 65 99 149 124 125 m - 8 0 4.5 4.2 96 130 Furniture and bedding Mattresses, springs, studio bedsUpholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum -11 - 9 -11 -10 -10 -23 + 1 -2 + 2 -2 - 6 - 9 4.0 1.8 5.0 4.1 3.7 5.9 3.6 1.7 4.4 3.7 3.5 5.0 122 144 111 97 94 50 135 151 131 111 102 59 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop - 6 - 9 - 8 -12 - 5 -7 + 1 + 1 + 4 -11 + 1 +11 5.8 4.8 8.9 2.7 5.0 8.9 5.4 4.3 7.8 2.7 4.8 7.4 75. 82 87 69 85 79 125 128 142 96 13^ 175 Radios, phonographs, television, pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheet music, instr. - 2 - 1 - 1 - 3 - 5 0 3.0 2.7 3.6 3.0 149 2.8 163 3.6/. 106 Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy '* 156 1* 145 + 3 0 4,6 4.7 72 130 - 4 -8 - 3 +32 - 2 0 -1 0 + 3 + 2 9.6 15.5 7.2 4.7 2.a 9.3 14.4 7.0 6.0 1.9 48 23 87 92 82 140 139 141 143 152 • G.7.3 t Page 4 x MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JANUARY 1961 W&r January BASEMENT STORE TOTAL ^ psj Department Percentage change from corresponding period Ratio of a vear ago stocks to sales 1/ - 5 January January {January' 196111960 Sales 1 Stocks - 2 3.0 2.9 73 106 Domestics and blankets - 4 - 4 2.2 2.2 131 112 Women's, misses' ready-to-wear - 6 - 2 2.5 2.4 65 98 - 1 + 2 - 2 - 7 - 9 -11 - 4 -10 + 1 + 5 . +1 • +3 - 6 - 5 .. - 4 . -3 - 7 2.8; 2.6 3.0 1.7 1.8 2.4 3.3 3.4 2.6 2.8 2.5 2.9 1,5 1.8 2.3 3.0 3*4 2.5 84 3/ 3/ 60 53 73 57 72 3/ 116 3/ 3/ 72 89 102 108 113 3/ - 6 - 1 3.7 3.6 76 121 - 0 3.7 - 2 .3-7 + 2 3.6 0. 3.9 3.5 3-5 3.4 3.7 79 .94 71 70 121 134 112 116 Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls1 wear • Infants* wear , . Aprons, housedresses,* uniforms . Men's and boys* wear Men's wear Men's clothing Men's furnishings Boys' wear Homefumishings . - rf 5 8 3 6 - 4 - 2 4.0 3.9 Shoes - 6 - 3 4,7 4.5 78 114 NONMERCHANDISE TOTAL - 1 3/~ 3/ If 119 1/ Barber and beauty shop -6 1/* 3/ 3/ 118 2/ 68 . 100 1/ The ratio of stocks to sales-is obtained by dividing stocks, at the end of the. month by sales during therabnthand hence indicates the number of months' supply on -hand at the end of the month in terms of sales for that month. 2/ The 1947-^9 average of monthly sales and end-of-montfo stocks for each, department "is used as-the base in computing sales aed- stocks indexes, respectively, for that department. For description of series, see pages 1146-49of the November .1953 Federal Reserve Bulletin. A brochure containing back data for the departmental series for the period 1940-1952, inclusive, may be obtained from* the Division of Administrative Services, Board of Governors of the Federal Reserve System, Washington 25, D. C. • 1/ Data not available. Note:--Based on reports from a group of large department stores located in various cities throughout the country. In 1959., sales and stocks at these , stores accounted for about 45 per cent of estimated total department store sales and-stocks. Not all stores report data for all of the departments " shoyri; consequently, the sample for the individual departments is riot so comprehensive as that for the total.