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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
0,16

"

<:

June 9, 19&

RETAIL FURNITURE REPORT FOR APRIL 1 9 # .
.

1

'

•
"

April sales at'retail furniture stores increased 3 per
cent over the previous month. Instalment.and charge-account sales
increased 2 per cent and 6 per cent, respectively, but there was a
decline of 3 per cent in cash sales. Total sales were also above
April of last year. The increase of 2 per cent reflected a yearto-year expansion of 9 per cent in instalment salesj both cash and
charge-account sales declined by 8 per cent'.
Instalment accounts outstanding on April 30 v.ere unchanged
from the preceding month-end, but were 1 per cent above the level
of April 30 a year ago.: Collections on these accounts dropped 7 per
cent during the month and were 6 per cent belcw those of the same
month a year ago.
'
The retail value of inventories increased 2 per cent during April, but continued substantially below a year ago. At the
current rate of sales, stocks on hand at the end of the month
amounted to abput 5 months1 supply.
j

Furniture Store Statistics for April 1952
Percentage change from:
Mar. 1952
Apr. 1951' to
to
Apir. 1952
Apr. 1952

Net sale's . . •
>
Total
•
'
Cash sales : .
Credit sales:. Instalment
. Charge account

;
i

+ 6
:
V

o o

Accounts receivable, at end of month
• Total
:
; ; ' - ;
Instalment
i
'
«

;

-

i i

i ' -

Inventories#;end of month, at retail,'value

. + 2

WrTV •
Qna
— I
J. _ i
_
NOTE;—These figures'are preliminary'and Subjecti to revision.




+ 2
•
- 8 ••
•
+ 9
- 8

1 i

Collections during month
Total
'
Instalment

^
-

.

t i

,' Item.

-15

G.16

- 2

*

RETAIL FURNITURE STORES * APRIL 1952*
Sales and Inventories

Federal
Reserve
District

Boston
I e ; York
tv
Philadelphia
Cleveland
Richmond
Atlanta
Chj cago
St,. Louis
Minneapolis
Kansas City
Dallas
San Francisco

rrg
Percent.
age chan:
I Jjnventoriec
Cash !
sales
Credit sales
.1/
end 01 ;
Mar.'52 Apr,'51 Mar.'52 Apr. '51 Mar.'52 Aprn151 Mar.'52 Apr,'52
to
to
to
to
to
to
to
to
Apr,152 Apr.'52 Apr.'52 Apr.'52 Apr.'52 Apr.'52 Apr,'52 Apr.'52

Total net sales

+ 3
+ 3
+ 6
+11
- 2
+Ut
+ 2
+ 2
+ 1
+ 3

- 5
+ 2
- 3
+ 1
+ 6
+28
- 5
+ 8
-11
- I
t
+ 7
- 2

- 2
-12
- 5
+ 3
+ 6
+ 3
-10
+16
- 1
+ 3
0
+ 1

-1£
«JK3
-lit
-11
+15
+ 6
-13
— 6
-18
- 6
-20
- 6

U. S. Total

+ 3

+ 2

- 3

Number of stores

719

719

562*

0
0

+ i
t

+ 3
-

-10
-15
-16
_;,3
- i
t

* 2
+ 3
+ 7
+11
- 3
+16
+ 3
+ 3
+ 1
+ i
t

-it
-klO
- 1
+ 3
+ 5
+29
- 3
+llt
-9
- 3
+ 7
0

•+1
+ 1
- 2
+ I
t
+ 3
0
+ 9
+ 1
+ 2
+ I
t

- 8

+ 3

+

+ 2

-15

561t

561t

561t

h9lt

h9h

0

5

0

-22
-12
-15

-21
-21
-15

Accounts Receivable and Collections

Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
-Dallas
San Francisco

Percentage change
Accounts receivable, endof month
Collections during month
Total
Instalment
Total
Instalment
Mar.'52 Apr.'51 Mar.'52 Apr.'51 Mar.'52 Apr.'51 Mar.'52 Apr. 151
to
to
to
to
to
to
to
to
Apr.'52 Apr.'52 Apr.'52 Apr.'52 Apr.'52 MUSS. Apr-'52 Apr.'52
+ 2
0
0
0
0
+ 2
- 1
+ 3
0
0
- 1

- 6
- 1
+ 3
+ 1
+ 1
+16
-h
- 7
-11
- 9
- 1

- 2

— 8

U. S. Total

0

Ijumber of stores

61*6

- 2

646
I.

*—April 1952 figures are preliminary



0
0
0
0
+ 1
— 1
- 1
+ 2
0
-5
- 3
0

+ 2
0
+ h
+ 7
+ S
- 1
-it
- 8
- 6
+ h
+26

0

+ 1

- 6

209

209

6U6

- 8
- 7
- 8
- 8
-10
- 9
- 9

-14
- 7
- 7
-11
-5
+ 9
-10
- 8
-18
-12
-it
-10

- 1
-11

-a
- 6
- 6
-11
- 1
- 1
-12
- 7
-18
+ h
+ 6
-11

- 7

- 6

61*6

209

209

-7
- 7
- 8
- 5
- 5
- 8
- 6
- 2

- 9
-3
- 5
- 6

and subject to revision.

- 6

- 9

— 6