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FEDERAL
statistical

RESERVE

release

0.16

Hay 3, 1 9 #
RETAl/ FURNITURE REPORT FOR MARCH 1963

Instalment and charge accounts r e c e i v a b l e declined 2 per cent
and 10 per cent, r e s p e c t i v e l y , a t r e p o r t i n g f u r n i t u r e s t o r e s in liarch.
There was l i t t l e or no change from year ago accounts r e c e i v a b l e s .
The March instalment c o l l e c t i o n r a t i o was two percentage points above
February and one percentage p . i n t above March 1962.
Sales a t r e p o r t i n g f u r n i t u r e s t o r e s rose from February but
were below year ago s a l s s .
Furniture Store S t a t i s t i c s f o r March 1963
Percentage increase or
decrease ( - ) from:
Jan. -viar. 1962
Month
Year
to
ago
ago
Jan.-i-iar. 1963
Z

Item

Met s a l e s during month
Total
Cash
Instalment
Charge acco mt

12
10
15
3

-8
-5
-9
-5

zl
-2
-5

0
0
-1

-4
-1
-7
2

Accounts r e c e i v a b l e , a t end of month
Total
Instalment
Charge account

j Mar.
1963
1
Collection r a t i o s on instalment accounts i f

13

jj Feb.
1 1963
I
i
1

11

1/ Collections daring month as percentage of accounts outstanding a t
beginning of month.
Jrratum; January r e p o r t , page 2; percentage decrease U. 3 . Total net
s a l e s year ago should have read - 2 , r a t h e r than -17•




Mar.
1962
12

G.16

— 2 —
RETAIL FtJR?JIFJB2 STORES - MARCH 196?
Total Net Sales

Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta.
Chicago
St.Louis
Minneapolis
Kansas City
Dallas
San Francisco
U. S. T o t a J ^

Percentage incre.a.se or decrease ( - ) from:
Year
Konth
ago
ago

1

!

; j

- 1
20
10
27
13
24
14
8
-15
- 1
10

- 3
-13
- 8
-31
1
- 6
- 1
- 9
-19
- 9
-4
1

12

- 3

5

- -

Instalment Accounts Receivable
Federal
Reserve
District
Boston
New York
Philadelphia
Cleveland
Richmond Atlanta
Chicago
it.Louis
Minneapolis '
Kansas City
Dallas
San Francisco
U. 5. Total




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

'

-

2
3
2
2
3
4
1
ti
1
2
2
1

- 2

.

- 2
- 6
3
- 6
5
2
0
- 5
-21
5
-• - 3
4
o •