Full text of G.16 Retail Furniture Report : July 9, 1963
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# F statistical E D E R A L R E S E R V E release G.16 July 9, 1963 RETAIL/FURNITURE REPORT FOR MAY 1963 Instalment accounts receivable at reporting furniture stores in May were unchanged from the preceding month and from May 1962. These accounts were being collected somewhat- more rapidly than in April. Charge accounts receivable of these stores rose 5 per cent and were somewhat above the level of a year earlier. Both cash and credit sales increased "substantially and were above the volume in the corresponding month last year. Furniture Store Statistics for May 1963 Percentage increase or decrease (-) from: Jan.-May 1962 Month Month to ago ago Jarv.-May I965 Net sales during month Total Cash Instalment Charge account 11 15 15 17 -8 16 * 10 ! 5 | -3. 4 Accounts receivable, at end of month Total Instalment Charge account May 1963 April 1963 May 1962 Collection ratios on instalment accounts l/ 1/ Collections during month as percentage of accounts outstandings at beginning of month. G.16 — 2 — RETAIL PDRNITUR2 STORES - MAY 1963 Total tfet Sales Percentage increase or decrease (-) from: j Jan.-May 1962 Month Year , to ago ago I Jan.-Hay 1963 Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St.Louis Minneapolis Kansas City Dallas San Francisco 15 6 13 20 18 27 18 13 1 10 15 11 U. >. Total | | 1 » j 1 i . 1 ! 1 ! ' 15 - 2 24 1 - 2 I - 2 ! 1 4 19 11 -13 1 14 ! - 1 ! 7 I 8 1 - 3 - 3 -i) 0 = 0 5 - 1 - 8 . 5 2 \ 6 • 0 Instalment Accounts Receivable Federal Reserve District Boston New York PhiladelphiaCleveland Richmond Atlanta Chicago St.Louis Minneapolis Kansas City Dallas San Francisco percentage increase or decrease f-) from: Year Month | ago ago , • U.3. Total . -2 0 2 0. 1 0 2 0 0 0 0 0 0 - 4 1 - 6 4 1 - 1 0 -20. 4 - 4 6 0 , .