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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.
