The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE August 17, 1959. G.7.3 • MOHT^.Y DEPARTMENT STORE SALES AND STOCKS, BYDEPARTMENTS r UNITED STATES - JUNE 1959 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Women*s Main apparel store and total accessories I Men's Ffome and furnishboys* ings wear Piece goods Small Misceland house- wares laneous hold textiles Basement store total SALES INDI 3XES (Unadjusted, 1947-49 average monthly sales = 100) Apr. 1957 May 1957 June 1957 104 108 99 120 111 92 98 98 121 96 115 108 73 89 72 97 110 100 94 99 105 111 107 102 Feb. Mar, Apr, Hay June 1958 1958 1958 1958 1958 76 101 99 106 97 72 112 108 109 90 64 82 88 97 114 87 104 98 112 103 63 74 73 84 72 88 98 97 111 103 68 92 91 102 105 65 98 100 103 96 Feb. Mar. Apr. May June 1959 1959 1959 1959 1959 83 105 102 109 107 82 123 109 114 99 70 91 87 106 131 95 96 109 112 115 65 68 76 80 75 93 101 99 109 112 67 95 84 95 111 71 103 99 104 104 - STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Apr. 1957 May 1957 June 1957 139 136 128 144 139 127 149 152 137 136 135 129 119 116 112 138 134 129 123 126 122 122 121 110 Feb. 1958 Mar. 1958 Apr. 1958 May 1958 June 1958 128 135 135 132 126 138 143 141 134 125 133 141 147 147 133 122 132 132 130 127 112 f 115 114 112 108 126 132 138 135 130 .117 123 124 127 124 113 118 120 117 108 Feb. Mar. Apr. May June 129 138 141 138 132 140 147 148 141 134 130 140 148 148 135 123 136 136 135 133 113 117 117 116 113 130 138 145 141 137 117 123 126 12? 126 113 120 125 121 115 2.9 2.9 2.8 3.6 3.7 3.2 4.1 4.2 3.9 4.8 4.5 4.6 4.1 3.9 3.8 u 2.3 2.3 2.3 1959 1959 1959. 1959 1959 RATIO OF STOCKS TO SALES June 1957 June 1958 June 1959 3.5 3.5 3.3 ; 2.9 Figures for departments within groups given on following pages. 0.7.3 Page 2 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS ' UNITED STATES - JUNE 1959 Department ange from Percentage chi Ratio of Unadjusted corresponding period a year at stocks to indexes zo Stocks sales 1/ Sales during (aid of period month) June June June f 6 mos. June 195911958 Sales1Stocks sa j. GRAND TOTAL-entire store +10 ; + 5 + 5 3.1 3.3 MAUTj STORE TOTAL +11 + 5 3.3 3.5 PIECE GOODS, HOUSEHOLD TEXTILES + 5, + 5 • — — 107 132 + 3 0 4.6 4.5 75 113 Piece g o o ^ ^ Silks, velvets, synthetics Woolen yard, goods Cotton yardLgoods 0 + 2 - 1 0 - 2 0 - 1 - 4 + + + + 4 ' 4.5 4.4 5 4.9 4.8 7 20.1 18.7 3 3.0 2.9 49 38 12 94 79 69 71 108 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads + + + + + + - + + + + 5 4 6 5 4.5 4.9 4.1 4.3 93 95 92 96 131 123 156 128 SMALL WARES Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries Silverware and jewelry Silverware and clocks Costume jewelry • Fine jewelry and watches Art needlework Books and stationery Books and magazines Stationery 5 9 2 3 1 4 1 2 4.5 4.7 4.2 4.3 + 8 + 3 + 5 3.8 3.9 112 137 + 8 + 9 + 7 + 3 + 2 + 2 + 1 + 6 + 6 4.3 4.6 3.5 3.6 3.4 3.4 90 127 130 123 160 135 +10 +10 + 6 +22 + 6 . + 6 + 4 +15 + + + + 5 4 7 2 4.3 4.6 5.3 5.6 2,8 2.8 6.6 7.9 109 113 100 139 139 160 121 148 + 2 +10 +17 + 8 + + + + + + + 5 6 8 5 6.0 3.7 3.2 3.9 61 105 104 107 107 3,39 128 144 1 5 7 4 5.8 3.8 3.4 4.0 WOMEN'S APPAREL AND ACCESSORIES . +11 + 7 + 8 2.8 2.9 99 134 Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery + 9 +12 + 7 +10 +10 +12 + 5 + 5 + 7 0 + ^ + 3 + 7 + 3 + 6 + 1 + 3 + 6 - 6 +10 +12 3.4 2.3 3.9 1.3 5.1 2.9 3.6 3.6 2.5 4.1 1.3 5.9 2.9 3.3 97 113 47 55 52 172 67 137 138 62 69 77 191 137 + + + + + + + + + 2.9 3.2 3.0 2.2 3.7 2.3 4.9 5.7 4.8 3.2 3A 3.2 2.4 3.6 2.4 5.1 5.7 5.0 91 117 84 84 89 114 118 101 125 121 169 110 95 136 133 162 170 163 Underwear, slips, and negligees Knit underwear Silk & muslin underwear, slips Negligees, robes, lcung. apparel Infants1 wear Handbags, small leather goods Women's and, children's shoes Children's^shoes Women's shoes +13 +15 +12 +11 + 4 +14 + 8 +-6 + 9 + •+ •+ + + + + 6 7 5 6 2 9 5 0 + 6 4 6 4 3 7 7 4 5 4 va C '7'3 ItiifflLT DBPAKfflENT STORE SALES ASD STOCKS, ® Ta£e 3 BEPAilTMfflTS (Continued)^ UNITED STATES - JUNE 1959 Department corresponding period Ratio of Unadjusted stocks to indexes fo a year a r sales l/ (1947-49 • • Sales during, av.=100 2/) June period month) J une . Sales(stocks . June 16 mos. ! June 1969I19W WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses1 coats & suits Women1s, misses1 coats Women's, misses1 suits Juniors1 and girls1 wear Juniors' coats, suits, dresses Girls' wear 1 Women's and misses dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'S AND BOYS' HEAR Men's clothing Men's furnishings and hats Boys' wear M6n's & bpys' shoes, slippers HOMEFURNISHINGS . 2.2 a +13 - 8 -11 - 4 +18 +21 +15 + 9 0 - 3 + 5 +12 +14 + 9 +11 +20 +14 102 26 23 31 2.2 1:1 107 1 6 1.8 104 . 3-0 3.0 111 +13 +12 +12 +15 +14 -21 +11 +13 + 9 +12 +10 - 5 + 9 16 . +14 + 8 .+ 1 I nn +14 +13 +16 +12 +13 + + + + 9 9 6 6 . 4 + 1 + 8 +11 +12 + 4 + 5 + 4 0 + 4 + 3 + 2 4.9 1:1 1.6 1.2 2.1 2 0 2.1 . 1.5 1.7 , 15.2 10.4 12 . 2.0 li8 I# 106 164 151 28 % 144 121 162 126 137 119 170 129 126 3.2 3.7 13i ; 135 4.3 130 2.9 140 4.3 97 5^2 151 139 127 125 170 3.7 2.5 4.2 5.0 3.9 4.2 115 133 4.1 128 2.0 143 125 4.5 77 5.2 82 4.5 53 133 144 134 4.4 4.7 4C9 7A. 128 3 5 i l 8 & 13 8 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets = Linoleum +11 + 7 +13 +11 +10 + 3 + + + + + + 5 2 6 8 7 6 Draperies, curtains, upholstery Lamps and shades China and'glassware Major household appliances Housewares (incl. small appliances) Gift shop + + 9 + + 3 + + 7 +16 . + +11 + +10 4 2 4 6 0 8 :i + 4 + 1 + 5 + 8 Radios, phonographs, television, pianos, records, sheetmusic, instr , +19 +18 Radios, phonographs, television +22 Records, sheet music, instr, + 7 + 7 + 6 +14 +15 +10 3.6 3.8 121 3.2 3.3 101 4.6 5.1 131 n + 6 - 1 + 2 2.9 3.0 H I 126 + 4 - 2 +10 + .2 +10 4.0 4.4 119 4.7 5.9 84 183 147 i:: 89 1.3 150 157 146 13^ 109 MISCELLANEOUS MERCHANDISE DEPTS. Toys and games Sporting goods and cameras Luggage Candy s +14 +22 + 9 + 8 + 3 + + + + + 5 5 5 3 4 - 2 18 . 3.5 5.3 H5 144 121 8 3 64 105 153 174 148 G.7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, Bf DEPARTMENTS (Continued) UNITED STATES - JUNE 1959 Department BASEMENT STORE TOTAL Percentage change from corresponding period Ratio of a year ico stocks to Stocks sales 1/ . Sales during (end of period month) June June 195911958 June 16 BIOS. + 8 + 3 + 7 unadjusted indexes (1947-49 . av.=100 2/) June Sales1Stocks 2.3 2.3 104 115 Domestics and blankets + 4 - 1 + 3 3.3 3.3 92 123 Women's, misses' ready-to-wear + 8 _+ 3 + 8 1.9 1.9 94 109 + 8 0 +10 + 2 +12 +10 + 6 + 1 +10 + + + + + + + + 8 2.3 2.3 111 2.6 2.3 2/ +13 + 8 . 2.2 2.3 y +19 3.3 2.9 27 1.0 1.1 108 + 5 + 6 1.5 1.5 155 + 9 2.2 2.1 100 +12 3.1 2.8 8a + 2 1.5 1.6 2/ 126 2/ 3/ 63 103 136 132 128 2/ Mai's and boys' wear +10 + 4 + 6 2.1 2.2 147 131 Men's wear Men's clothing Men's furnishings Boys' wear +11 + 8 ,+13 + 9 + + + + + + + + 2.0 2.2 1.9 2.7 158 167 156 109 133 149 125 128 Intimate apparel Hosiexy Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms Homefurnishings 0 4 1 5 3 8 3 2 1 5 4 2 6 4 6 7 5 9 2.0 2.2 1.8 2.7 - 1 + 5 3.5 3.4 84 111 119 Shoes + 9 + 4 + 7 3.3 3.4 113 NONMERCHANDISE TOTAL +11 + 5 2/ 1/ 1/ 132 2/. Barber and beauty shop +11 + 9 2/ 2/ 1/ 160 1/ 1/ The ratio of-stocks to sales is obtained by dividing stocks at the end of the month by. sales during the month and hence indicates the number of months1 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 Reserve 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, B.C. 2/ Data not available. Note:—Based on reports from a group of large department stores located in various cities' throughout the country. In 1958, sales and stocks at these stores accounted for about 45 per cent of estimated total department store sales and stocks. Not all stores report data for all of the departments shown; consequently, the sample for the individual departments is not so comprehensive as that for the total. June this year had one more trading day than last#