Full text of G.16 Retail Furniture Report : January 11, 1962
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F E D E R A L R E S E R V E G.16 January 11, 1962 RETAIL /FURNITURE STORE REPORT FOR NOVEMBER 19bl Accounts r e c e i v a b l e a t reporting f u r n i t u r e s t o r e s increased 3 pe.r cent i n November and were unchanged from a year e a r l i e r . Collections on instalment accounts i n November amounted t o 12 p e r cent of outstandings a t the beginning of the month. Sales a t r e p o r t i n g s t o r e s rose i n November, but f o r the period January-November 1961, were below a year e a r l i e r . F u r n i t u r e Store S t a t i s t i c s f o r November 1961 Percentage i n c r e a s e ' o r decrease ( - ) from: Month ! Year Jan.-Nov. i960 to ago ago Jan.-Nov. 1961 Item N e t s a l e s during month Total Cash Instalment Charge account J j J j | 5 11 5 k 4 11 Accounts r e c e i v a b l e , a t end of month Totals In s ta lm e n t Charge account j j j | 3 2 5 0 - 3 7 / ^ i 5 -5 9 -9 0 XXX • XXX i XXX ! 1 C o l l e c t i o n r a t i o s on instalment accounts JL/j Nov. j Oct. 1961 j 1961 12 ! 12 Nov. I960 11 1 / C o l l e c t i o n s during month as percentage of accounts outstanding a t beginning of month. G.16 RETAIL FURNITURE STORES - NOVEMBER 19ol Sales by of Transaction Percentage i n c r e a s e o r decrease ( - ) Federal Reserve Di s t r i c t Total net sales Month apro Boston New York Philadelphia Cleveland R i chmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco j Month j I ago | . 2 3 12 19 - 3 8 11 1 0 6 5 3 - 3 - 3 11 11 ! I 4 1 - 5 1 11 6 1 3 2 1 12 9 5 | 4 U. S. Total ! •'! ; ! i i i Cash s a l e s Year ago ; 1 1 i! 1 1 2 22 - 5 5 7 : Instalment sales Month : Year ago j ago 13 9 l 14 12 7 22 0 I : 13 j - 5 13 ! 19 23 j1 ' 2 1 . 5 4 4 - 2 - 1 10 11 - 4 - 7 2 0 14 6 2 1 3 4 10 7 11 j 11 5 4 ! 15 i Year ago 6 - 7 10 15 - 2 Charge-account sales Month Year ago ago 0 16 3 14 lb -19 0 - 1 5 2 -17 -13 16 6 7 4 - 4 8 4 - 9 15 6 4 5 • Cumulative S a l e s by Tjrpe of Transaction, and Instalment Accounts- Re qeivable Percentage i n c r e a s e o r decrease ( - ) Cumulative s a l e s , Jnn.-ifov. change from i960 to 1961 Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chlcajo S t . Louie Minneapolis Kancas City Dallas San Francisco U. S . T o t a l Chargeaccount' - 1 - 1 - 1 34 -11 - - 2 2 • 3 - 6 -11 - 6 - 2 - 1 - 5 n . a . - Not available?. 8 - 9 3 - 9 - 5 1 0 11 6 25 - 4 m s t f l t neTflE receivables end of month Month | Year ago ! ago -11 - 8 0 14 -10 0 - 3 2 11 2 0 2 3 -1 6 1 . 2 1 -2 -1 2 1 - 9 0 2 -12 -11 -23 4 - 7 -12 - 9 - 9 - 3 3 12 -11 i 4 1 - 4 i - 8 ' -10 7 0 . - 3 - 2 -11 - 8 0 - 1 - 3 !