Full text of G.16 Retail Furniture Report : January 8, 1952

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.16

January 8, 1952
RETAIL FURNITURE REPORT FOR NCfVEIBER 1951

Total furniture store sales in November were 1 per cent larger
than in October and reflected slight gains in all types of sales. However, only instalment sales increased over a year ago. An increase of
19 per cent in these sales from November 1950 more than offset declines
in cash and charge-account sales.
Instalment accounts receivable shored a 1 per cent gain from
the level of the preceding month, but were 9 per cent loss than on
November 30 last year. As in other recent years, collections on instalment accounts declined in November. These collections amounted to 11
per cent of accounts outstanding on the first of the month, 1 point less
than in October.
The retail value of inventories also rose. 1 per cent during
November, but at the end of the month was still slightly less than on
the corresponding date last year. At the current rate of sales, stocks
on hand were equivalent to about four and one-half months1 supply as
compared with five months' supply a year ago.

Furniture Store Statistics for November 1951

Net sales
Total
Cash sales
Credit sales:

Instalment
Charge account

§

Percentage change from:
Oct. 1951
Nov..1950
to
to
Nov. 1951
1

Item

+ 1
+ 3
+. 1
+ 2

. +10
- 2
+19
. - 6

Accounts receivable, at end of month
Total
Instalment

+ 2
+ 1

- 9
- 9

Collections during month
Total
Instalment

- 2
- 2

- 3
- 3

Inventories, end of month, at retail value

+ 1

- 2

NOTE:—These figures are preliminary and subject to revision.




1

RETAIL FURNITURE STORES - NOVEMBER 1951*
Sales and Inventories

Federal.
Reserve
District

-

Boston
Hey; York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St..Louis
Minneapolis
Kansas City
Dallas-"
San Francisco
U. S. Total
"lumber of stores
y

Percentage change
1 Inventories_
Cash sales
. Credit sales •lend of month 1/
Oct.'51 Nov.'50 Oct.'51 Nov.'50 Oct.'51 Nov.'50!Oct.'51 Nov.T50
to
to
to
to
to
to
to
to
Nov.'51 Nov.'51 Nov.'51 Nov. '51 Nov.'51 Nov.' 51 Nov.'51 Nov.'51
Total net sales

-10
+ 7
+ 6
- 3
0
+ 1
- 1
- 6
- 7
0
- 1
+ 2

- b
+ h
+13
+32
+18
+25
+13
+ h
+ 7
+ k
+18
+ 6

+ 1

+10
7U7

7U7

- 7
- h
- 6
+12
+32
+12
- 7
- 5
- 9
0
-17
- 2

-10
+ 8
+ 7
- 3
- 1
+ 1
- 1
- 7
- 8
0
- 3
+ 2

- 3
+ 8
+17
+35.
+18
+28
+21
+ 5
+12
+ 5
+23
; + 8

+ 1
0
0
0
+ 2
+ 3
+ 2
+ 1
+ 2
- 3
- 3
+ 3

+ 2
- 5
- 2
- 6
+ 9
1-3
+ 2
- 7
- 6
- 3
- 5
- 3

+ 3

- 2

+ 1

+1U

+ 1

- 2

596

596

596

J 596

517

517

-12
+ 5
+10
- 1
+ It
- 2
- 5
+ 2
- 8
+ 1
+ 9
+ 7

At retail value.
Accounts Receivable and Collections

Federal
Reserve
District

Boston
llerfYork
-Philadelphia
Cleveland
Richmond
Atlanta Chicago
St. Louis
"Minneapolis.
Kansas City
Dallas
San Francisco

Per cent a:
ge change
Accounts receivable^ end of month
Collections during month
Instalment
Total
Total
Instalment
Oct.'51 Nov..'50 Oct.'51 Nov.*5^ Oct.'51 Nov.'5° Oct.'51 Nov.150
to
to
to
to
to
to
to
to
Nov.'51 Nov.'51 Nov.'51 Nov.'51 Nov.'51 Nov.'51 Nov.'Si Nov.'5l
+
+
+
+
+
+
+

1
1
it
3
2
3
2
0
0

+ 1
+ 3

+
+
+
+
+

-lit
- 6
- 1
- h
- 5
-19
-11
-18
-lit
- 9
- 8
- 9

+
-

+
+

3
1
5
2
2
0
1
1
0
0
1
1

- 7
- 7
- 1
-17
- 8
-18
-18
-19
-13
+ 3
+ 5
-13

0
2
1
5
3
5
it
5
5
1
0
- 6

-17
- 3
+ 1
+12
+ 8
-11
- 6
- 9
- 8
-in
+ 1
- 2

+
+
+
, +

U. S. Total

+ 2

- 9

+ 1

-9

- 2

- 3

Number of stores

679

679

238

238

679

679

-lit
- 3
0
- 3
+ 1
- 1
0
- 7 +11
+22
-l r
- 5
- 8 | - 8
- h i -lit
- 9 ! - 9
+19
- 7
- 2
- it
-6
! -11
-

Digitized forNovember
FRASER
1951 figures are


preliminary and subject to revision.

2

238

- 3
!

j

238