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: r — | A' , MA: ]t X7.3 B0A8D OP GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE May 15, 1961. MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED.STATES - MARCH I96I (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Ills Women's apparel Main and store accestotal sories Home furnishings Piece goods Small Misceland house-- wares laneous hold textiles Basement store total SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) ? '138 65 68 101 93 101 139 171 104 104 108 92 122 139 70 76 135 162 96 93 103 92 119 135 69 76 Jan. 1959 Feb. 1959 Mar. 1959 94 83 105 87 82 123 81 70 91 103 95 96 Nov. Dec. Jan. Feb. Mar. 1959 1959 I960 I960 I960 139 228 95 87 101 133 211 89 84 109 156 311 81 73 82 Nov. Dec. Jan. Feb. Mar. I960 I960 1961 1961 1961 139 225 91 83 114 135 209 85 83 133 155 315 77 72 98 74 67 95 78 71 103 152 317 103 99 102 - 180 390 70 70 83 127 192 77 . 72 92 157 315 101 93 109 178 383 72 70 98 126 189 73 71 110 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) 104 113 120 128 • 130 . 138 125 117 123 179 136 135 135 144 194 112 130 119 129 :t 141 108 108 116 125 129 127 120 120 122 191 144 139 139 146 202 113 130 121 127 146 106 106 114 120 5.2 4.8 4.7 4.3 4.4 4.2 3.3 4.0 3.2 "2.4 2.8 4.3 Jan. 1959 Feb. 1959 Mar. 1959 123 129 138 128 140 147 120 130 140 121 123 136 111 113 117 Nov. Dec. Jan. Feb. Mar. 1959 1959 I960 I960 I960 166 132 133 139 149 182 137 139 152 165 187 137 132 142 154 140 128 129 132 143 124 125 119 120 122 Nov. Dec. Jan. Feb. Mar. I960 I960 1961 1961 1961 175 136 135 138 148 191 141 141 150 160 201 143 135 145 156 145 130 130 131 141 2.5 3.2 2.5 4.9 6.0 5.0 4.8 4.5 4.6 r RATIO OF STOCKS TO SALES Mar. 1959 Mar. I960 Mar. 1961 3.6 4.0 3.5 Figures for departments within groups given on following pages* G.7.3 Page 2 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MARCH 196I Department GRAND TOTAL-entire store Percentage change from 1 corresponding; period Ratio of stocks to Su.XSarafo Sales during Stocks (sales if (end of 1 period month) | March Mar. 1 Jan.-Mar. Unadjusted indexes (1947-49 . sy1=100 Z!) March felftgjStofiKg +13 + 2 - 1 MAIN STORE TOTAL +12 + 1 - 1 3.5 4.0 114 148 PIECE GOODS, HOUSEHOLD TEXTILES + 1 - 2 0 4.7 4.8 76 122 • Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + 6 + 9 +11 + 4 + 3 + 4 +10 + 1 0 +1 - Jt + 2 3.1 2.8 3.3 3.1 3.3 3.0 3.8 3.2 82 79 55 109 91 80 60 131 - 3 + 2 - 5 -8 - 4 3 3 6 + - 1 2 4 1 5.9 5.9 5.9 6.0 5.8 5.8 5.8 5.6 71 76 65 73 135 128 157 134 + 7 0 + 2 4.2 4.4 109 146 Laces, trimmings, embroideries, and ribbons Notions ' Toilet articles, drug sundries + 6 + 3 + 5 - 2 - 2 + 2 0 0 + 3 4.3 4.3 3.7 4.6 101 4.4 105 3.8 129 147 164 143 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches +13 - 8 +25 + 7 - 2 -18 + 8 - 3 + 3 + 4 0 + 6 5.2 5.7 99 8.2 7.3 75 3.0 3.7 122 88 10.7 10.8 155 164 152 160 Art needlework Books and stationery Books and magazines Stationery - 8 + 7 + 1 +11 - 1 0 - 2 + 1 + + + - 82 5.0 4.5 3.8 4.0 112 3.1 2.9 126 4.2 4.7 103 113 151 148 151 WOMEN'S APPAREL AND ACCESSORIES +22 + 7 - 3 2.5 3.2 133 160 Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery .+24 +19 +17 +60 +72 +11 +10 + 7 + 3 - 2 +30 +31 + 3 + 3 - 2 -3 - 9 -25 - 7 + 3 + 1 3.1 2.6 4.1 0.6 2.5 3.2 2.9 3.9 127 3.2 119 48 5.3 1.3 185 4.6 135 3.5 163 89 3.1 163 172 65 109 96 207 147 + 6 + 5 + 5 + 9 *25 +32 +27 +58 +21 0 0 0 + 4 + 8 +10 + 8 +25 + 5 + + + + - 4.0 4.1 4.2 2.8 2.5 2.3 4.4 3.5 4.7 4.1 4.3 4.3 3.0 3.3 3.1 5.7 5.7 5.7 138 186 124 116 147 170 206 202 211 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads SMALL WARES 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 4 1 6 1 1 1 2 3 5 5 1 3 l 3.3 3.8 — 76 98 64 . 83 142 146 170 179 168 G.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued), UNITED STATES . MARCH 1961 Department Percentage change from itio of Unadjusted corresponding period itocks to ! indexes S yaar %go s a , a-u,i " tagj/i period month) [ March [ March far. I Jan.-Mar J. March 0.96111960 Bales I Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats and suits Women's, misses' coats Women's, misses' suits J 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 Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers +20 +25 +27 +22 +38 +38 +38 + 6 + 9 + 8 +11 +15 +14 +16 +14 +18 +10 +13 + 3 + 2 + + + + 3 5 2 3 0 - 3 • - 4 - 8 - 3 -16 -11 - 9 -12 2.0 1> 1.4 1.4 1*5 1.2 1.8 2.5 1.9 1.8 2.1 2.3 1.8 2.8 139 122 120 128 190 176 208 156 105 105 107 170 151 185 - 2 0 - 2 0 - 3 "+ ^ 1.8 1.4 2.3 2.8 2.2 5.4 2.1 1.72.6 3.2 2.3 .5.3 134 139 127 133 125 86 169 170 168 196 145 131 5.9 98 156 +19 + 5 + 2 5.0 +14 +10 +43 +15 +1 + 1 +17 + 4 + 6 0 - 3 0 6.4 6.9 96 177 140 76 5.2 5.7 149 3.1 4.6 152 6.1 7.1 132 ,182 - 5 - 8 -1 4.6 4.5 103 141. Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum - 7 - 8 - 6 - 5 - 4 -13 -10 -10 -10 - 9 - 8 -20 - 2 0 -1 0 - 1 -11 4.6 4.3 2.5 2.3 5.3 5.0 4.4 4.2 4.2 4.0 4.2 4 4 114 122 112 93 92 54 144 167 140 114 110 62 Draperies, curtains, upholstery Lamps and shades • China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 2 -10 - 5 - 9 - 3 - 5 - 5 -11 -10 -12 - 5 -9 -2 - 1 0 -9 - 2 + 7 4.9 4^ 8.1 3.2 4.5 6.5 102 80 94 71 110 100 135 137 144 111 157 189 Radios, phonographs, television, pianos, records, sheetmusic, instr. - 3 Radios, phonographs, television - ;4 Records, sheet music, instr. 0 - 1 0 0 0 + 2 - 4 3.4 3.3 3.1 2.9 3.9 4.1 147 132 158 177 165 166 HOMEFURNISHINGS MISCELLANEOUS MERCHANDISE DEPTS. Toys and games Sporting goods and cameras Luggage Candy 4.7 . 5.2 8.5 3.2 4.5 7.3 +19 + 8 - 2 3.2 98 127 +12 +20 + 5 + 2 HOO + 3 + 6 0 +18 +31 - 1 - 3 0 + 2 -32 76 5.9 6.6 5.7 7.1 53 6.0 6.3 109 5.8 5.8 73 0.6 1.9 212 147 123 161 138 124 3.9 G.7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPART,-ENTS (Continued) UNITED STATES - MARCH 1961 Department Percentage change from corresponding period a year ago Stocks Sales during (end of period month) (Mar, i Jar.—Mar J March BASEMENT STORE TOTAL +20 Domestics and blankets - 8 Ratio of Unadjusted stocks to indexes sales 1/ (1947-492/, lav .=100 ) March March Sales1Stocks !196l 11960 - 4 2.3 - 5 - 3 4.0 + 5 2.8 110 120 3.9 74 119 +26 + 8 - 6 1.7 2.2 115 116 +11 +13 +10 +46 +21 + 5 +50 +26 + 9 + 4 + 6 + 3 +19 + 4 - 3 +20 + 8 0 0 + 4 - 1 -17 - 7 + 1 -13 - 8 -10 2.5 2.0 2.8 0.8 1.1 2.2 1.4 2.1 1.9 2.8 2.1 3-1 1.5 1.4 2.3 2.3 2.9 2,3 107 3/ 3/ 118 98 102 180 132 3/ 134 3/ 3/ 74 95 139 143 132 Men's and boys' wear +26 + 8 0 2.7 3.4 123 146 Men's wear. Men's clothing Men's furnishings Boys' wear +15 +22 + 9 +56 + 3 + 5 + 2 +24 + + + - 2 3 4 6 3.2 3.0 3.3 1.8 3.5 105 3.6 130 89 3.4 3.0 192 144 170 132 151 Homefurnishings - 4 - 5 - 5 3.4 3.4 84 105 Shoes +25 + 8 - 6 3.1 4.1 138 135 NONMERCHANDISE TOTAL +11 + 3 1/ 1/ 3/ 142 3/ Barber and beauty shop +12 + 1 2J 3/ 3/ 165 3/ Women's, misses' ready-to-wear Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, slq.rts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms 2J ll The ratio of stocks to sales is obtained by dividing stocks at the end of the month by sales during the month and hence indicates the number of months' supply on hand at the end of the, month in terms of sales for that month, 2J The 1947-49 average of monthly sales 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 1146-49 of 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. 2j Data not available. Note:—Based on reports from a group of large department stores located in various cities throughout the country. In I960, sales and stocks at these stores accounted for about 45 per cent of estimated total department store sales aqd stocks. Not. all stores report data for all of the departments shown;consequently, the sample for the individual departments is not so comprehensive as that for the total. „
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