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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