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G.7.3;
|
(

•

BOARD OP' GOVERNORS OF THE FEDERAL RESERVE SYSTEM
,
FOR IMMEDIATE RELEASE
|
April 15. I960. .

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS
UNITED STATES - FEBRUARY I960
(Based on retail dollar amounts)
Summary by Selected Department Groups

Main Store
Piece
Women's Men's
goods
Home
Main
apparel and
and
furnishstore
and ; boys'
•
houseings
total
acces- wear
hold
sories
textiles

Basement
store
total

Small Miscelwares laneous

SALES INDEXES (Unadjusted, 1947-49 average monthly sales - 100)
Dec. 1957
Jan. 1958
Feb. 1958

206

191
84
72

282

Oct.
Nov.
Dec.
Jan.
Feb.

1958
1958
1958
1959
1959

120
130
221
94

125
124
205
87
82

Oct,
Nov.
Dec.
Jan.
Feb.

1959
1959
1959
I960
I960

126

133
133
211
89
84

91
76

83

139
228
95
87

149
99

64

87

116
*37

117
145
308
81
70

127
131
161
103
95

124
156
3U
81
73

134
139
171
104
104

76

282
98
\ 88

362
71
68

90
88
121
138'

I!?
142
299
101
93

106
170
385

74
67

115
121
193
78
71

92
92

124
152
317
103
99

105
180
390
70
70

117
127
192
77
72

63

65

122
139
70

179
78

65

,

STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100)
Dec. 1957
Jan. 1958
Feb. 1958

124
122
, 128

125
126
138

131
124
133

122
121
122.

118
110
112

128
; 124
126

111
123
117

103
104
113

173
176
126
120

130

132
133
120
121
123

121
122
119
111
113

156
174
I3I
128
130

189
196
109
12$
117

134
136
103
lOfr
113

181
187
137
132
142

138
140
128
129
132

125
124
125
119
120

162
179
136
135
135

188
194
112
130
119

138
141
108
108
116

4.3
4.3
4.2

3.6
3.3
3-3

Oct.
Nov.
Dec.
Jan.
Feb.

1958
1958
1958
1959
1959

154
158,
123
123,
129

167
170
126
128
140'

Oct.
Nov.
Dec.
Jan.
Feb.

1959
1959
1959
I960
I960

132 . 137

162
166.

178
182

133
139

139
152

f

RATIO OF STOCKS TO SALES
Feb. 1958
Feb. 1959
Feb. I960

4.7
4.3
4.3

' 4.1
3.6
, 3.8

'
6.6
5.9
6.1

4.8
4.5
4.3

5.4
5.2
5.2

4.5
4*4
4.3

Figure? for departments within groups given on following pages.




G.7.3

,

Page 2

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS
UNITED STATES - FEBRUARY 1963

Department

GRAND TOTAL-entire store

Percentage .change from
1
corresponding period Ratio of [Unadjusted
a year ago
stocks to [indexes
Stocks
e s l J
Sales during
(end of ^
period
month) February} February
p
eb.(Jan.-Feb* Feb.
.96011959 Bales 1 Stocks
+ 5

+ 7

4.1 .4,0

+ 7

4.3

4.3

87

139

+ 3

+ 7

5.2

5.2

70

120

- 1
+ 1
- 7
o

+
+
+
+

5
4
7
5

4.1
3.9
4.2
4.1

4,0
3.9
3.6
4.0

63
61
51
83

. 94
85
76
129

5
6
3
6

+ 7
+ 7
+10
•+ 5

5»6
5.9
5.3
5.6

5.9
6.1
5.5
6.0

74
73
76
75

•133
122
204
135

+ 3 t ..

MAIN. STORE TOTAL !

+ 5

+ 3

PIECE'GOODS, HOUSEHOLD.TEXTILES

+ 8

Piece goods
Silks, velvets,' synthetics
Woolen yard goods
Cotton yard goods

+
+
+

Household textiles
Likens and towels
Domestics—muslins, sheetings
Blankets, comforters, spreads

+12
+12
+14
+12

+
+
+
+

SMALL WARES

1
4
8
3

;

,

—9..

• •
•

+ 6

+ 4

+ 4

4.3

4.4

99

135

Laces, trimmings, embroideries,
and ribbons
Notions
Toilet articles, drug sundries

+ 5
+ 9
+ 4

+ 6
+ 7
+ 2

+ 4
+ 1
+ 5

5.4
.4.7
4.0

5.4
5.1
3.9

71
88
113

127
-148
134

Silverware and jewelry
Silverware anjd clocks
Costume jewelry
Fine jewelry and watches

+13
+21
+ 9
+ 9

+10
+13
+ 9
+ 5

+
+
+
+

4
3
5
5

5.2 5.7
5.8 6.8
3.6 3.7
10.4 10.7

91
102
87
90

141
149
129
147

Art needlework
Books and stationery
Books and magazines
Stationery

+ 7
+ 3
0
+ 4

+ 1
+ 1
0
+1

+
+
+
+

3
6
9
5

4.2
3.4
2.6
3,9

91
111
119
105

•106
13?
129
144

WOMEN'S APPAREL AND.ACCESSORIES
Women's accessories
Neckwear and scarfs
Handkerchiefs
Millinery
Women's and children's gloves
Corsets and brassieres
Women's, children's hosiery
Underwear, slips, and negligees
Knit underwear
Silk & muslin underwear, slips
Negligees, robes, loung. apparel
Infants' wear
Handbags, small leather goods
Women's and children's shoes'
Children's shoes •
Women's shoes




4.1
3.5
2.8
4.0

+ 2

+ 2

+ 8

3.8

3.6

84

+
+
+
+
+

3
6
2
9
3
6
4

+
+
+
+
+

+
+
+
+
+
+

4.5
3.3
4.1
1.8
5.2
4.0
3.3

4.4
3.4
4.0
1.7
5.1
4.0
3.3

81
85
47
67
62
120
74

152
158
64
117
• 91
187
140

+
+
+
+

5
6
4
4
1
4
3
.Z
3

+ 3
+ 3
+ 4
+ 1
-vl
+ 4
+ 2
+ 1
+ 2

4.1 4.0
4.4 4.3
4.2 4.2
2.8 2.7
.4.2 4.0
3.6 3.5
7.3 7.0
8.3 8.1
7.0 6.7

65
88
53
66
84
85
98
75
102

121
171
106
93
146
152
197
197
190

+
+
+
+

1
3
3
6
1
4
1

i

6
5
3
3
4
4
5

+ 7
+ 8
+ 5
+11
+ 6
+ 6
+ 7
+ 4
+ 8

152

0.7,3

Page 3
MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - FEBRUARY I960

z

Department

Percentage chajage from
corresponding; period
a year aMO
Stocks
Sales during
(end of
period
month)
Feb.1Jan.-Feb. Feb.

1
Ratio of Unadjusted
stocks to indexes
sales 1/ (1947-49.
av.=1002/)
February I February
196011959 bales 1Stocks

WOMEN'S APPAREL, ACCESSORIES (Cont.)
Women's apparel
Viomen's, misses* coats & suits
Women's, misses' coats
Women's, misses' suits
Juniors' and girls' wear
Juniors' coats, suits, dresses
Girls' wear
Women's and misdes' dresses
Inexpensive dresses
Better dresses
Blouses, skirts, sportswear
Aprons, housedresses, uniforms
Furs
MEN'S AND BOYS' WEAR
I
1
. Men's clothing
Men's, furnishings and hats
Boys' wear
Men's & boys' shoes, slippers
HOMEFURNISHINGS

+ 2
+ 1
+ 5
-14
+ 1
+ 5
- 3

+12
+ 3
+ 3
+ 1
+13
+16
+11

3.1
2.6
2.2
3.4
3.4
2.6
4.4

2.9
2.4
2.2
2.9
3.0
2.3
3.7

87
74
79
67
86
84
88

+
+
+
+
+
-

+
+
+
+
+
-

+15
+16
+14
+14
+13
+10

2.7
2.1
3.4
3.4
2.6
6.0

2.4
1.9
3.1
3.2
2.5
5.3

87. 15?
89
156
169
91
173
99
96
135
120
80

4
4
5
6
7
1

3
3
3
5
5
4 ..
.

+ 4

+ 2

+ 9

6.1

5.9

73

142

+
+
+
+

+
+
+
+

+ 9
+ii:
+ 8
+ 5

7.2
5.2
6.1
8.0

6.7
5.0
5.8
7.9

72
. 70
75
94

153
127
143
168

4.3

4.4

104 • 132
'

3.7
2.0
4.2
4.1
4.0
4.5

3.7
2.0
4.1
4.2
4.2
6.4

135
147
134
97
102
53

.134
162
133
108
118
68

5.4
4.6
7.6
3.2
4.8
7.;: 6.6

5.&
4.5
7.9
3.1
4.8
6.6

86
84.
100 <
71
101

129
129
139
120
146
170

2
7
3
4

1
3
2
2

+10

+ 5

+ 7

Furniture and bedding
Mattresses, springs, studio beds
Upholstered, other furniture
Domestic floor coverings
Rugs and carpets
Linoleum

+ 9
+ 8
+ 9
+ 8
+10
+ 2

+
+
+
+
+
+

+10
+ 8
+11
+ 5
+ 5
-27

Draperies, curtains, upholstery
Lamps and shades
China and glassware
Major household appliances
Housewares (incl. small appliances)
Gift shop

+
+
+
+
+
+

Radios, phonographs, television,
pianos, records, sheetmusic, instr.
Radios, phonographs, television
Records, sheet music, instr.

+25
+27
+20

+19
+20 .
+14

+ 4
+ 5
- 2
+11
+ 5
+ 9

+
f
+

MISCELLANEOUS MERCHANDISE DEPTS.
Toys, games, sporting goods, cameras
Toys and games
Sporting goods and cameras
Luggage
Candy




151
117
112
130
174
154
190

+ 2
- 3
+ 4
-16
- 1
+ 3
- 6

8
6
9
9
6
8

5
5
6
5
6
2

+ 4
+ 3
+ 3
. + 4
+ 2
+ 3

+ 5
+ 9
+ 5
+12
+ 4
- t

97

-

+10
- + 8
+11

3.3
3.0
3,8

3.7
3.5
4.1

138
114
164

160
129
163

-J.

+ 2

4.2

4.3

70

119

0
6
2
1
5

+ 3
- 1
+ 8
+ 6
-13

7.8
8.9
7.0
6.1
1.1

8.0
8.8
7.1
6.1
1.4

56
37
90
65
120

139
123
157
127
124

G.7.3

*
Page 4
e
5
MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - FEBRUARY i960

Department

BASEMENT STORE TOTAL

Percentage charige from
corresponding period
a year a*
10
Stocks
Sales during (end of
period
month)
Feb.1 Jan.-Feb.
Feb.
+ 2

+ 1

Itatio of Unadjusted
stocks to indexes
sales 1/ (1947-49.
av.=100=/)
February
February
196011959 Sales1Stocks

+ 3

3.3

3.3

72

116

Domestics and blankets

+ 2

- 3

+ 4

4.2

4.2

71

122

Women's, misses1: ready-to-wear

+ 2

+ l

+ 3

2.7

2.6

68

112

+
+
+
+
+
+

+ 3
0
+ 3
+ 4 ^
j 0
0
- 2
- 3
+ 4

+
+
+
+
+
+
+

3.0
2.4
3.3
2.1
1.7
2.6
3.3
3.7
2.5

3.0
2.5
3.2
2.0
1.7
2.6
3.1
3.6
2.7

84

126

2/

1/

l!

54
62
79
68
74
3/

3/
83
98
123
135
12?

+ 2

3-8

3.7

80

131

3.6
3.6

130
151
114
138

Intimate apparel
Hosiery
Underwear, corsets & brassieres
- Coats and suits
Dresses
Blouses, skirts, and sportswear
Girls' wear
Infants' wear i
Aprons, housedresses, uniforms
Men's and boys' wear
Men's wear
Men's clothing
Men's furnishings
Boys' wear

5
4
4
2
1
5
5
2
8

+ 1
+
+
-

2
2
6
1

0

5
1.
5
2
4
3
1
l
0

0
- 1
+ 1
+ 1

+
+
+
-

3
3
2
2

3.6
3.8
3-3
4.2

4.2

82
93
76
77

- 3

Homefurnishings;

- 2

3.7

3.9

79

106

+ 4

4.9

4.9

84

133

+ 4

+ 4

NONMERCHANDISE TOTAL

+ 4

+ 1

1/

U

H

114

Barber and beauty shop

+ 4

0

11

if

3/

132

Shoes

j

2J

If
H

l/ The ratio ofjstocks to sales is obtained by dividing stocks at the end of the
month by sales during the month and hence indicates the number of months' supply
on hand at the end of the month in terms of sales for that month.
2/ The 1947-49 average of monthly sales and end-of-month stocks for each department
is used as the base in computing sales and stocks indexes, respectively, for
that department. For description of series, see pages 1146-49 of the November
1953 Federal IReserve Bulletin. A brochure containing back data for the departmental series for the period 1940-1952, inclusive, may be obtained from the
Division of Administrative Services, Board of Governors of the Federal Reserve
System, Washington 25, D. C.
2/ Data not available.
Note:—Based onjreports from a group of large department stores located in various
cities throughout the country. In 1959, sales and stocks at these stores accounted for about 45 per dent of estimated total department store sales and
stocks. Notjall stores report data for all of the departments shown; consequently, the | sample for the individual departments is not sq comprehensive as
that for the| total. •
February this year had one more trading day than last.