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.