Full text of G.16 Retail Furniture Report : December 13, 1961
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F E D E R A L R G.l6 E S E R V E December 13, 19ol RETAIL fFUBETLTRE STOKE Ri&'OHT FOI< OCTOBER I 9 6 I Instalment accounts outstanding a t reporting f u r n i t u r e s t o r e s v e r o s l i g h t l y h i g h e r a t the end of October t h a n a t the end of t h e p r e v i o u s r o n t h , and continued nomewhat below t h e y o e r - c - a r l i e r l e v e l . C o l l e c t i o n s on i n s t a l m e n t r e c e i v a b l e s i n October were 12 p e r c e n t o f o u t e t a n d l n g s a t t h e beginning of t h e month. S a l e s a t r e p o r t i n g s t o r e d r o s e s e a s o n a l l y i n October, b u t f o r t h e p e r i o d January-October 1 5 o l remained below a y e a r ago. F u r n i t u r e S t o r e S t a t i s t i c s f o r October 1 9 6 1 P e r c e n t a g e change froiu: I Month I Y e a r : J a n . - O c t . 19b0 to Jan.-Oct. 1 9 6 1 N e t s a l e s d u r i n g month Total Cash Instalment Charge account Accounts r e c e i v a b l e , Total Instalment Charge account +8 +2 +8 +9 i 0 +2 +1 - 1 - 6 + 9 -10 0 it end o f month -4 +2 i Oct. 1961 1 C o l l e c t i o n r a t i o s on i n s t a l m e n t a c c o u n t s l / i -2 +1 +1 : 12 +2 ! Sent. ! 1961 I! ! 11 Oct. I960 11 1 / C o l l e c t i o n s d u r i n g month a s p e r c e n t a g e of accounts o u t s t a n d i n g a t beginning of month. G.16 - 2 - H E M L FJKNI'rUHE STORES - OCTOBER l$6l S a l 3 8 by Type of T r a n s a c t i o n ( p e r c e n t a g e change 9) 1 Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlcnta Chicago S t . Louis Minneapolis Ksnsaa C i t y Pallas San F r e n c i s c o ^ j ! | j 1 TJ. S . T o t a l | Month wlO Year Month a 30 +10 +22 + 7 + 2 + 5 0 + 5 + 7 + 9 0 +11 - 5 - 2 - 4 + 8 - 2 - 3 - 3 - 3 + 9 + 7 + 2 - 4 +20. + 4 - 9 + 1 - 3 - 3 + 5 -2C + 3 +14 - 6 | Instalment i sales | Month i Yecr 1 ap;o l + 8 r +10 - 2 ! +24 -14 - 2 - V + 8 - 5 + 1 + 9 0 - 2 - 8 . 1. - 2 , + 3 + 1 - 4 j +ol + 2 - 7 + 7 + .3 + 3 +14 +11 ; H j + 8 C + 2 + 2 Total net sales ' Cash s a l e s Year £.69 !:$ i + 8 1 ' + 1 l C fcar&e-account sales Year ago Month 3R0 +1> + 7 +20 5*4* + 4 Boston Now York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kenuas C i t y Dalles San F r a n c i s c o + 4 -12 - 1 :33 +17 + 9 :i§ +14 -18 + 9 - 1 ! Instalment" Cumulative s a l e s , J e n . - O c t . j receivables, change fnom i 9 6 0 t o 1 9 6 1 ! end of month I n s t a l - 1 Chargetenth j Year T o t a l | Cash i account ago ago ment l 2 + 1 + 6 1 - 2 - 4 1 + ! +36 --12 1 +11 i' 0 - 3 - 8 -13 i -10 |1 +1 -11 -25 + 2 + 3 i I - 8 • +16 ] 2 - 1 - 7 -12 -14 - 4 -11 1 +1 -10 0 - 4 - 7 - 8 -11 -3 - 9 + 2 - 4 0 - 7 - 3 ! i f | +1 -13 - 1 - 2 -10 -1 - 6 1 + 1 ! - 6 +1 4 • » ; . -10 i ° i :i >n ! I 1 ! i j 1 U. S . T o t a l j n . a . - Not a v a i l a b l e . - 2 : i Cumulative Salen by Type of T r a n s a c t i o n , and I n s t a l m e n t Accounts R e c e i v a b l e ( P e r c e n t a g e changes) Federal Rocerve District +20