Full text of G.16 Retail Furniture Report : December 9, 1952
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BOiiRD CF GOVERNORS OF THE FEDERAL RESERVE SYSTEI" G.16 December 9, 1952 RETAIL FURNITURE REPORT FOR OCTOBER 1952 Total sales at furniture stores in October increased 13 per cent over the preceding month, reflecting gains in each type of transaction. Instalment sales increased 16 per cent, -while cash and charge-account sales increased 12 per cent and 5 per cent, respectively. Total sales in October ..ere also above a year ago. A yearto-year gain uf 12 per cent in instalment sales was core than sufficient to offset declines in cash and charge-account sales. Instalment accounts receivable increased 3 per cent during October, and at the end of the Month were 17 per cent above the yearago level. Collections on these accounts during the month were 3 per cent above September collections and 1 per cent above October a year ago. The retail value cf inventories increased 5 per cent from September 30 to October 31, but decreased 3 per cent from October of last year. At the October rate of sales, merchandise on hand at the end of the montn amounted to about b month's supply. Furniture ftore Statistics for October 1952 Percentage change from: Sept. 1952 Oct. 1951 to to Oct. 1952 Oct. 1952 Item I'et sales Total Cash sales Credit sales: +13 +12 +16 + 5 + 6 - 5 +12 - 6 Accounts receivable, at end of month Total Instalment + h + 3 +19 +17 Collections during month Total Instalment h + 3 0 + 1 + 5 - 3 Instalment Charge account + Inventories, end of month, at retail value / ! RETAIL FURblTURE STORES - OCTOBER 1952* § Sales and Inventories 1 ! ! Federal Reserve District ge change Inventories end of month 2/ Sept'52 Oct.'51 Sept'52 Oct.'51 Sept'52 Oct.'51 Sept'52 Oct.'51 to to to to to to to to O c t . ' # Oct.'52 Oct.'52 Oct.'52 Oct.'52 Oct.'52 Oct.'52 Oct.'52 Total net sales Cash sales Credit sales + kr - + + - 3 1 • 3 1 6 3 6 0 +17 +27 +18 + 6 +17 + 6 + 9 +15 + 6 + 3 +10 + 3 + l i +12 + 6 + 2 + 8 + 8 + 3 + 7 + 2 +10 + 7 - 1 +13 +23 + 9 + 3 +28 + 7 + 7 +20 - 1 + 6 - 1 +11 - 5 - 5 - 3 - 7 + 8 -15 - 5 + 5 -16 - 5 - 5 .-5 +17 +27 +21 + 6 +16 + 7 + 7 +12 + 7 + 3 +10 + 7 + 5 +16 + 6 + 2 + 7 + 9 +. 2 +lii + 6 +1h + 7 0 U . S . Total +13 + 6 +12 -5 +12 + 7 + 5 - 3 Number of stores 687 607 523 523 523 523 U73 U73 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco •+ h + h + 6 + U + 3 + 3 + 3 + 1 + h + 2 +10 - 6 - 6 - 2 1/ At retail value Accounts Receivable arid Collections . Federal Reserve District Boston ; e . York xv Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco U- S. Total' Number of stores Percenta;;e change Collections during month Accounts receivable, end of month Instalment Total Total Instalment Sept'52 Let.'51 Sept'52 Oct.>51 Sept'52 Oct.'51 Sept'52 Oct.'=L to to to to... to to to jto Oct'.'52 Oct.'52 Oct.'52 Oct.'52 Get.'52 Oct.'52 Oct.'52 Oct.'52 + 5 + 5 \ 5 + 5 + h + h + h +16 +15 +13 +16 +16 +37 +11; +17 +13 +20 +22 + 16 + L 601 + h + + + + + 3 h 2 2 2 + 5 h • +13 + 6 + 7 + 8 3 3 2 3 3 + 2 + h 0 +17 +20 +31 +1^ +2u +19 +17 +23 +13 +13 + h - 5 +lii + 9 0 - 1 + 6 +19 + 3 +17 601 197 197 *—October 1902 figures are preliminary + + + + + + + 5 +19 +16 + + - + 5 2 3 1 2 +> +lh + 7 - 1 + 9 + 9 + 9 + 6 +19 + 5 + 5 - 1 + 8 -10 + 1 0 - 9 -21 +13 + 8 - 1 + 6 - 3 + h 0 - 3 + 1 601 601 197 197 and subject to revision. • - 6 + h +12 - 1 +23 -11 + 3 - 6 0
