Full text of G.16 Retail Furniture Report : January 8, 1947
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BOARD OF GOVERNORS OF THE FEDSR/L RESERVE SYSTEM G.16 J a n u a r y 8 , 1947 / ' ." '' " " . . . ' ' " ' . RETAIL FURNITURE REPORT FGR NOVEMBER 1946 «»»>- R e t a i l f u r n i t u r e s t o r e s a l e s r o s e by a b o u t t h e u s u a l s e a s o n a l amount i n November/ and c o n t i n u e d w e l l above t h e yeai*-ago l e v e l * Both cash and i n s t a l m e n t s a l e s showed moderate i n c r e a s e s , alad were n e a r l y 30 p e r cerit h i g h e r " t h a n i n November of :the p r e c e d i n g y e a r . Charge-account s a l e s d e c l i n e d s l i g h t l y , as i s u s u a l i n November, b u t were c o n s i d e r a b l y above l a s t j ear* s volume. I n v e n t o r i e s i n c r e a s e d 2 p e r c e n t / and a t t h e end "of t h e month were a b o u t tv;o-thirds l a r g e r than a year e a r l i e r . On November' 30 t h e y amounted t o a p p r o x i m a t e l y t h r e e a n d " o n e - h a l f months* s u p p l y a t t h e c u r r e n t r a t e of s a l e , a s compared w i t h about t h r e e months: e u p p l y on t h o c o r r e s p o n d i n g d a t e o f 1945» - I n s t a l m e n t accounts, r e c e i v a b l e r o s e 7 per' c e n t i n November, and were a g a i n o n e - f o u r t h above tho- vcar-ag-o l e v e l . I n c r e a s e d c o l l e c t i o n s on i n s t a l m e n t a c c o u n t s r e s u l t e d i n a c o l l e c t i o n r a t i o of 28 p e r c e n t , one p o i n t h i g h e r t h a n i n O c t o b e r . * The a v e r a g e c o l l e c t i o n p e r i o d f o r ' t h e s e c b c o u n t s was s i x months, a b o u t ? t h e same l e n g t h of t i m e a s i n November 1 9 4 5 . 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 November 1946 ' P e r c e n t a g e .change f r o m ; , / October 1946 November 1945 to to November 1946 November 1946 Net s a l e s Total Cash s a l e s Credit s a l e s ; . / . Instalment " Charge account ' V + 3 + 5 + 6 — 3 • / j +34 +28 +29 +64 Accounts r e c e i v a b l e , a t e n d cf month Total Instalment + 7 + 7 +36 . ' +25 C o l l e c t i o n s d u r i n g month Total Instalment 0 4 4 +37 +29 I n v e n t o r i e s , e n d of month, a t r e t a i l v a l u e + 2 +66 Note .—These f i g u r e s a r e p r e l i m i n a r y and s u b j e c t t o r e v i s i o n * - 2 — RETAIL FURNITURE STORES - NOVELBER 1946* Si l e s and I n v e n t o r i e s Percontaj F e d e r a l Reserve District Boston . . New York Phi l a d e l p h i a Cleveland Ri chmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o U . S . Total - 8 . +30 + 5 - 1 - 1 - 8. + 1. - 5 0 - 4 + 1 - 2 . change Inventories , end o f month — Oct.* 46 N o v . ' 4 5 O c t . ' 4 6 Nov. ' 4 5 O c t . ' 4 6 Nov. ' 4 5 O c t . ' 4 6 Nov, ' 4 5 to to to to to t o ... to to Nov.*46' N o v . ' 4 6 N o v . ' 4 6. Nov. ' 4 6 N o v . ' 4 6 Nov. 1 4 6 Nov,'46 Nov. 1 46 Total net sales Cash s a l e s • +16 + 2 +45 ' +25 +27 + 4 +32 + 1 +28 • + 1 +29 - 5 . +29 + 4 + 5 +26 +39 - 1 +44 - 4 + 7 +21 +41 + 2 Credit sales +27 +59 . +22 +18 +22 +21 +22 +18 . +32 +32 ' + 9 +18 -10 +33 + 5 - 4 - 2 - 9 - 2 - 6 0 - 4 0 - 1 +14 +41 +28 +36 +32 . +32 +31 . +29 +42 +50 , +26 +55 + 7 + 1 —13 + 3 + 4 - 1 + 3 0 +1 + 8 + 6 + 5 +74 .. +66 +32 +62 +81 +57 +61 +84 +76 +87 +97 +70 + 3 +34 + 5 +28 + 3 +38 + 2 +66 Number of s t o r e s j 741 1 l / J.t r e t a i l v a l v e . - 741 600 600 600 600 521 521 Accounts R e c e i v a b l e and C o l l e c t i o n s Boston New York Philadelphia Cleveland Richmond A t l a n t a y: ChicagoSt,. Loui s Minneapolis Kansas CityDallas San F r a n c i s c o U. S . T o t a l P e r c e n t a g e eht nge Accounts r e c e i v t i b l e , e n d of month d u r i n g month To t a l Instalment Total | Instalment Oct.*46 I\jGV.* 4b U C t . H b liov. ' 4 5 O c t . ' 4 6 Nov. *45 O c t . ' 4 6 Nov, ' 4 5 toto to to to to to to N o v . ' 4 6 Nov.'46 N o v . ' 4 6 Nov. ' 4 6 Nov.'46 Nov, ' 4 6 Nov. ' 4 6 Nov, ' 4 6 I ' F e d e r a l Reserve District •- 1 +12 + 5 • + 3 + 5 | + 2 + 3 + 1 + 4 + 4 + 5 +17 +14 +29 +24 +35 +35 +34 +30 +31 +43 +57 +28 +60 + 1 +14 + 5 + 1 + 6 0 + 3 + 2 + 2 + 6 + 3 + 1 +23 +26 +24 +27 +30 +20 +31 +14 +29 +29 +25 +40 + 7 +36 + 7 +25 + + - 2 6 3 1 0 - 2 - 3 +10 -12 - 1 + 1 «. 2 • - +29 +31 +29 +38 +37 +36 +30 +45 +42 +58 +23 +49 3 + 9 + 5 -10 + 2 - 2 + 3 +26 -12 - 5 0 — 3 +21 +25 +28 +27 +33 +30 +29 +44 +33 +28, +24 +34 +37 + 4 +29 684,. 684 237 237 684 684 » * November 1946 i g u r e s a r e p r e l i m i n a r y and s u b j e c t t o r e v i s i o n . http://fraser.stlouisfed.org/ 237 237 Number of s t o r e s Federal Reserve Bank of St. Louis 0
