Full text of G.16 Retail Furniture Report : April 9, 1962
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FEDERAL statistical RESERVE release G.I6 A p r i l 9, 1962 RETAlL[FWl$naS-»EPORT FOR FEBRUARY 1962 Instalment accounts receivable of r e p o r t i n g f u r n i t u r e s t o r e s declined 2 per cent i n February and were unchanged from the y e a r - e a r l i e r l e v e l . Collections on these accounts were 11 per cent of the amount outstanding a t the beginning of the month. Total s a l e s a t r e p o r t i n g s t o r e s decreased 2 per cent i n February and were 15 per cent above the volume in February 1961. Furniture Store S t a t i s t i c s f o r February 1962 Percentage increase or Item Month ago Year ago Jan.-Feb. 1961 to Jan.-Feb. 1962 Net s a l e s during month Total Cash Instalment Charge account -2 -3 0 -8 13 16 17 5 Accounts r e c e i v a b l e , a t end of month Total Instalment Charge account -2 -2 -3 2 0 10 Feb. 1962 Jan. 1962 Feb. 1961 11 12 11 Collection r a t i o s on instalment accounts \ J 15 22 17 7 l / Collections during month as percentage of accounts outstanding a t beginning of month. G.16 — 2 — RETAIL FTJRNITBR3 STORES - F13RUARY 1962 Total Het Sales Federal Reserve District Percentage i n c r e a s e or decrease ( - ) from: J a n . - F e b . 1961 Year Month to ago ago J a n . - F e b . 1962 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Lpiiis Minneapolis Kansas City Dallas San Francisco -24 9 0 16 - 2 7 -15 33 - 9 - 7 . 1 -16 - 5 17 14 31 17 11 9 11 -14 1 17 15 5 25 15 33 20 9 14 8 -10 0 15 14 U. S. Total - 2 13 15 Instalment Accounts Receivable Federal Reserve District Percentage i n c r e a s e or decrease ( - ) from: Month Year ago ago Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco -2 -2 -2 -1 -2 -2 -3 -2 -1 -2 0 -1 U. 3 . Total -2 - 8 - 2 - 2 - 8 8 2 - 1 3 -13 - 7 4 1 0
@FedFRASER