Full text of G.16 Retail Furniture Report : October 5, 1961
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G.16 October 5, 1961 RETAIL^URg£aiBS-690R3 REPORT FOR AUGUST I 9 6 I Instalment accounts outstanding 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 were about the same at the end of August a s a t the end of the previous .month. They continued at 5 per cent below a year e a r l i e r . C o l l e c t i o n s i n August amounted to 12 per cent of o u t s t a n d i n g s 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 r o s e s e a s o n a l l y i n August, but f o r January-August 1961 remained below a year ago. For t h i s nine month period i n 1961, a smaller volume of instalment s a l e s more than o f f s e t an i n c r e a s e i n cash s a l e s . Furniture S t o r e s S t a t i s t i c s f o r August I96I Percentage ci ange from: Jan.-Aug. I960 I I:onth Year to ago | ago Jan.-Au^v 1961 1 Item Net s a l e s auring conth Total Cash Instalment Charge account +14 +1? +13 +21 1 j +3 j -4 +7 + 2 + 1 • 7 —— ! j j 1 " - 6 +7 -12 - 1 1 Accounts r e c e i v a b l e , a t end of month Total Instalment Charge account Aug. 1961 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 l / 0 | 12 -5 " -5 XXX XXX -3 XXX ! July j 196: j 1^60 11 1 / C o l l e c t i o n s during month as percentage of accounts o u t s t a n d i n g a t beginning of month. G.lo R T:.:IL TUiCTTJRa JTORCS - AiJCUST 1961 Sales uy Type of Transection (Percentage changes) Federal 1 Cash s a l e s 1 ! Month Year • ago aro Total net a - l e a V© j District Month j ago j' Boston I +29 New York Philadelphia +21 Cleveland +15 Richmond 1 .+12 Atlanta +i9 Chicago + 7 S t . Louis +23 Minneapolis +15 + 8 Kansas City j Dallas | +22 San Frcncisco U. 3. Total +14 | j 1 I Year apo ^ | ! +39 +14 +22 - 7 +11 - 5 -13 + 6 0 - 8 - 2 -12 + 1 i " i j +10 +12 + 2 +19 + 9 +18 n.a. . 4 j +12 ! 1 J ! j j : oath 0 j | 1 j ! i ' + 6 + 4 + '9 - 9 - 2 +13 0 +12 n.3. n.a. 1 ! Charge-account sales Year 1 Month Year ago ago &RO instalment - 2 +29 0 +31 +33 +35 - +25 +14 +15 +11 +12 . +20 + 7 +20 +11 1 - 4 +1^ . + 8 -13 + 2 -10 1 - 9 +10 0 -10 - 6 i -16 ! - 3 +!"• -12 +11 -15" +11 +40 +30 +20 +51 + 3 +13 - 4 +21 - 4 — +16 - 6 + 1 + 3 + 1 +23 + 7 + 7 Cumulative G^les by Type of Transaction, and Instalment .ccounts Receivable (Percent--.53 cn-\nges) Federal Reserve District Boston ?! aw York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco U. 5. Total | J Cumulative eaDes, J - n . -•Au~. change from I960-to 1.961 ! Total | ; -26 -J . + - Cr.sh - 3 . +35 - 9 -11 - 8 - 1 3 9 1 4 3 + 2 +24 - 8 + 7 n . a . - Not av^il?.ble. Instal- Chargeaccount - 6 -r -15 -28 + 1 -10 -16 -11 - 2 + 6 -10 Instplunnt receiveoles, end of -nonth Konth j Year ago ! %KO -15 -14 - 6 + 2 +13 + 5 +1 0 —1 +1 +2 +2 >1 +2 0 +1 +2 -1 -12 - 1 +1 n - 4 +17 -12 b 1 : : + 2 • - 3 - 5 - 4 - 5 -10 - 3 - 6 - 5