Full text of G.16 Retail Furniture Report : March 15, 1962

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G.16

March 15, 1962
RETAIL(FU5NITURE EEEOBT FOB JANUARY 1962

I n a t a l n e n t and charge account r e c e i v a b l e s a t r e p o r t i n g
f u r n i t u r e c t o r e s declined 3 p e r cent and 5 p e r c e n t , r e s p e c t i v e l y , i n
Januc-ry. Total roceivablco were unchanced f r o n a year ugo. Collections
on instalment accounts were 12 p e r cent of outstandings a t the
"beginning of the month.
S a l e s a t r e p o r t i n g s t o r e s declined seasonally i n January
but were s u b s t a n t i a l l y above the volume i n January 1961.
F u r n i t u r e Store S t a t i s t i c s f o r January 1962
Percentage i n c r e a s e o r
decrease ( - ) from:
Month
N e t s a l e s during month
Total
Cash
Instalment
Charge account
Accounts r e c e i v a b l e , a t end of month
Total
Instalment
Charge account

C o l l e c t i o n r a t i o s on i n s t a l m e n t accounts 1 /
1 / Collection's during month as percentage of accounts outstanding
a t beginning of month.




G.lo

— 2

•

RETAIL FUHHITUKE STORES - JANUARY 1962
S a l e s by Federal Reserve D i s t r i c t 1 /
Percentage i n c r e a s e o r decrease ( - ) \
Federal
Reserve
District

Total net sales
Year
Month
ago
afto

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

-24
rr^
-43
-34
-41
-48
-26
-46
-35
-23
-33
-17
-34

U.S. T o t a l

13
30
17
37
23
7
20
2
- 5
- 2
13
12
17

Installment Accounts Receivable
by Federal Reserve D i s t r i c t
Percentage i n c r e a s e o r ducruese ( - )
Instalment receivables,
end of month
Month
j
Year
ago
ago

Federal
Re serve
District
Boston
N-ev York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
U.S. T o t a l

V

-2
-4
-2
-4
0
-3
-3
-2
-5
-3 ;
-2
0
-3

2
- 3
- 1
-16
7
2
- 1
1
-14
- 8
2
2
-1

l / The breakdown of s a l e s f o r each Federal
Reserve D i s t r i c t , by type, has boon discontinued.