Full text of G.16 Retail Furniture Report : January 8, 1954

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BOARD OF GOVERNORS OF .THE FEDERAL RESERVE SYS1EM
January 8, 19$k
• RETAIL FURNITURE REFCKT FCti NOVEMBER 1953

'
Instalment accounts r e c e i v a b l e a t f u r n i t u r e s t o r e s
increased 2 per c e n t during November^ a f t e r ,gev:eral months of
p r a c t i c a l l y no change. Balances a t the end of t h e month were
a l s o 2 per cent above a year . e a r l i e r # C o l l e c t i o n s on t h e s e
accounts decreased 6 p e r cent frjcm October t o November.*
Total s a l e s . a t r e p o r t i n g f u r n i t u r e s t o r e s decreased
2 per c e n t during November, a f t e r having shown a r a t h e r " l a r g e
i n c r e a s e i n the preceding month., Instalment s a l e s and chargeaccount s a l e s d e c l i n e d L p e r cent and 3 per c e n t , r e s p e c t i v e l y ,
while cash s a l e s showed p r a c t i c a b l y no change. S a l e s of a l l
types continued below a year ago,
;
The r e t a i l v a l u e of f u r n i t u r e s t o r e i n v e n t o r i e s a t
t h e end of November was 2 per cent below month ajgo and" U
per cent below a year ago. At the November r a t e o£ s a l e s ,
stocks on hand amounted t o about a U months 1 supply#

• 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 1953
Item

Net s a l e s
Total
Cash s a l e s
Credit sales:

Instalment
Charge account

Accounts r e c e i v a b l e , a t end of month'
Total
Instalment
C o l l e c t i o n s during month
Total
Instalment

Percentage change from:
Nov. 1952
I O c t . 1953
!
to
to
Nov. 1953
8 Nov. 1953
|
|

- 2
0
= -k
j "3

6
2.
9
3

:•

+2

+ 5
+ 2

- 6
1 -6

- 1
- 1

i

I n v e n t o r i e s , end of month, a t r e t a i l v a l u e 3 i -» 2




-

-

:

- U

0.16

- 2 RETAIL FURNITURE STORES - NOVEMBER 1953
S a l e s and I n v e n t o r i e s
Percentagee change
Inventories
Total net sales
Cash s a l e s
Credit sales
end of month 1 /
Oct, '53 Nov. '52 Oct.*53 Nov.'52 O c t . ' 5 3 Nov.'52 Oct.'531Nov.'5^
to
to
to
to
to
to
to
to
Nov. ' 5 3 Nov. *53 Nov. * 53 Nov.'53 Nov.\53 Nov.'53 Nov.'531Nov.'53
1
- 6
+ u
+ h
- 7
- U
-15
- 7
-U
-U
- 6
-11
-13
- 9
- 3
- 5
- 3
0
+ 2
-11
-11
- 2
- 1
-11
- 2
+ l
+13
+ 2
- 3
- 1
- 9
- 7
- 5
+ 5
- 6
- 5
- 2
- 5
- 9
- U
- 3
- 6
- 8
-10
- 6
0
- 2
- U
- 3
+ 1
+ 6
+ 1
0
0
+ 5
- 1
- 3
+ 8
0
+1U
- 2
- 2
- 2
0
-29
+ 7
0
+19
-10
- 7
- 1
0
- 3
- 2
0
-17
- 6
- 2
- 1
-19
- 7
+18
- 3
-10
- 1
- 7
- U
- a
- 7
+ 1
- 2
+ 2
- 6
- 2
- 2
- 7
- u

Federal
IVCSCi v c
i'lguXlVv

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
U. S . T o t a l

- 2

- 6

0

- 2

- u

- 7

- 2

- h

Number of s t o r e s

7ia

. 7Ui

566

566

566

566

517

517

1 / At r e t a i l v a l u e .
Accounts Receivable and C o l l e c t i o n s

ir6u6i<3l
PpQomro
xicscrv"
District

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco

Accounts
To
Oct. '53
to
Nov. '53

Percentag e change
r e c e i v a b l e , end of month
C o l l e c t i o n s during month
;al
Instalment
Total
I nstalment
Nov. '52 O c t . ' 5 3 Nov.'52 O c t . ' 5 3 Nov.'52 O c t . ' 5 3 Nov.'52
to
to
to
to
to
to
to
Nov. ''53 Nov.'53 Nov.'53 Nov.'53 Nov.'53 Nov,'53 Nov.'53

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

+ 7
+10
+ 2
+ U
+ 2
+ 1
+ 7
- 6
+ 6
. o
+ U
+ 8

U . S . Total

+ 2

+ 5

Number of s t o r e s

6U8

6U8




+ 2
+ 2
+ 2
0
+ 1
0
+ 3
+ l
+ 2
- 1
+ 1
. + h

+ 7
+13
0
+ 8
+ 5
- h
+ 2
+ 6
+12
-18
0
+ 8

- 2
- 5
- U
- 6
-10
- 9
- 6
- 7
- 9
- 7
- 6
- 6

+
+
+
-

5
3
It
3
3
2
2
1
0
-10
- 2
+ 3

- 6
- 3
- 7
- 9
-12
- 8
- 9
- 2
- 8
-10
- 9
-12

+ 2

+ 2

- 6

- 1

- 6

- l

219

219

618

61*8

219

219

;
!i
j1
1

+ 8
+ 5
- 7
+ 2
- 1
- U
-6
• o
~+h
-29
- 5
+ l