Full text of G.16 Retail Furniture Report : March 11, 1963

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FEDERAL
statistical

RESERVE

release

G. 16

March 11, 1963
RETAIL/FURNITURE REPORT FOR JANUARY 1963

Instalment and charge accounts receivable declined 2 per cent
~an3~10 per cent respectively at reporting furniture stores in January
1963. Total accounts receivable increased 2 per cent from a year ago.
Total sales declined seasonally in January and were slightly
below the January 1962 volume.

Furniture Store Statistics for January 1963

Item

Percentage increase or
decrease (•-) from:
Year
Month
ago
ago

Net sales during month
-39
-42
-41
-18

Total
Cash
Instalment
Charge account

,

zl
3
-4
6

Accounts receivable, at end of month
- 4
- 2
-10

Total
Instalment
Charge account

Collection ratios on instalment accounts 1/

_2
1
3

Jan.
1963

Dec.
1962

1962

11

11

12

1/ Collections during month as percentage of accounts outstanding
at beginning of month.




G. 16
RETAIL FURNITURE STORES - JANUARY 1963
Total Net Sales
Percentage increase or decrease (-) from:
Year
Month
ago

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

- 5
- 5
0
-14
- 2
4
-11
17
- 9
4
9
4

-29
-61
-42
-55
-43
-48
-35
-37
-29
-26
-26
-21

u v s . Total

-39

Instalment Accounts Receivable
Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
ti. S. Total




Percentage increase or decrease (-) from:
!
Year
Month
ago
ago
- 4
- 3
3

-1
-4
-5
0
-4
2
-3
-2
-7
-1
-2

4
4
- 3
7
-22
4
- 1
5

0
-2

i

1