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R m E S E R V E FOH M E D I A T E RELEASE August 20, 1962 G.7.3 gEPAiHiSNT STORE SALES AKD STOCKS, BY DEPAtfKIEMTS .pgl &iramary by Selected Department Groups Main 3tore Women's Main apparel Men's Home store and and furnishtotal boys' ings wear * Piece goods and Small Miscelhouse- wares laneous hold textiles ment store total SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) Apr. May June I960 1960 I960 118 108 107 137 111 102 114 100 131 105 113 . Ill 108 75 83 - 113 115 75 103 95 111 118 98 102 Feb. Mar. Apr. uay June 1961 1961 1961 1961 1961 83 114 100 112 110 83 133 103 117 105 72 98 69 103 138 93 103 104 114 111 69 76 76 86 76 93 109 . 101- .121 117 70 98 84 97 114 71 110 93 103 104 1962 • 3.962 krr. I1 52 Key lv:'2 J UViC 1962 85 112 115 118 113 82 1?.4 135 125 104 75 94 103 116 148 99 118 102 119 117 69 82 73 86 76 96 110 107 123 119 73 88 101 98 123 69 100 112 ... 107 114 Feb. STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Apr. Hay June I960 1460 I960 148 • 14% 140 157 154 141 156 162 147 145 145 141 123 120 119 151 149 143 128 134 130 125 127 118 Feb. Mar. Anr. Miy June 1961 1^1 lc'6l 1961 1961 138 148 150 148 141 150 160 161 154 143 145 156 163 164 148 131 141 141 142 139 ^ 120 122 121 120 119 139 146 154 151 147 121 127 130 134 132 114 120 126 123 116 Feb. Mar. Apr. May. 1962 1962 1962 1962 1962 164 179 173 16? 159 152 •168 172 172 159 - 136 147 151 149 146 128 130 130 126 126 148 159 168 165 153 128 140 139 146 142 123 132 134 .133 127 2.9 2.8 3.1 3.5 3-3 3.6 4.3 . 4.2 4.4 4.7 4.6 4.9 3.9 3.8 4.1 2.9 2.9 3-1 . 2.4 2.3 2.6 1 148' • 160 ' 161 - 153 152 RATIO OF STOCKS TO SaLSS June June June I960 1961 1962 ' 3.5 • 3.4 3.6 Figures for departments within groups given on following pages. S'-l Page 2 0,7.3 MONTHLY DEPARTMENT STORE SALES AMD STOCKS, BY DEPARTMENTS UNITED STATES - JUNE 1962 Percentage charige from corresponding period a year act Stocks Sales during (end of period month) June 1 Jan.-June June Department •GftiND TOTAL-entire store - 1 + 4 + 8 3-5 3.2 - 0 + 5 + 8 3.6 3> 113 152 + 5 4.9 4.6 MAIM STOKE TOTAL - 0 + 1 76 126 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + 2 + 6 +10 0 0 0 + 6 - 2 + + + + 2 4 3 1 4.7 4.6 4.8 4.9 17.9 19.1 3.1 3.0 49 41 13 94 84 76 74 115 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads 0 + 2 0 - 4 + + + + + + + + 6 4 9 8 4.8 4.5 5.0 4.9 4,6 4.2 4.9 4.4 94 100 94 91 147 140 176 139 PIECE 30003, HOUSEHOLD TEXTILES ' Ratic> of Unadjusted indexes stoclis to sale;' 1/ (1947-492/ av.=100 & June June 196211961 Sales1Stocks 2 2 3 1 + 1 + 3 + 8 4.1 3.8 119 158 Laces, trimmings, embroideries, and ribbons Motions Toilet articles, drug sundries -• 2 -1 + 4 + 2 •+ 2 + 5 + 2 + 8 + 8 4.5 3.8 3.6 4.3 3.5 3.5 92 127 142 135 177 157 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches + + 1 2 7 6 - 1 _ + 4 - 7 +13 +10 + 8 +11 +12 4.8 4.3 5.4 5.1 3.4 2.8 7.3 6.9 114 119 102 158 164 178 151 183 Art needlework Books and stationery Books and magazines Stationery + + + + 3 3 1 4 + + + + + + + + 7 8 9 7 6.0 3.8 3.5 3.9 5.8 3.7 3.3 3.3 69 115 111 117 119 163 159 164 WOMEN'S APP/REL AND ACCESSORIES 0 + 5 +11 3.1 2.8 104 159 /omen's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery - 2 - 4 - 4 - 7 ^-4 * 2 0 + 3 + 2 - 3 + 2 +10 + 6 + 3 + 9 + 7 + 2 - 2 +40 +12 + 9 3.8 2.6 4.4 1.4 7.2 J3.2 3.8 3.4 2.4 4.1 1.3 4.9 2.9 3.5 98 114 42 48 57 189 69 159 160 63 68 119 234 154 + + + % + + + + + + + + + + + + + + 3.2 3.0 3.3 3.1 3.3 3-0 3.3 3.3 4.2 3.6 2.5 2.4 5.6 4.8 6.6 5.6 5.3 4.6 91 120 81 91 86 119 117 97 125 135 193 122 107 153 155 187 198 188 ' MALL WARES Underwear, slips, ind 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 -omen's shoes * The ratio of grand total published was previously + + — - 0 0 2 7 6 1 6 8 5 8 4 4 4 3 6 2 4 2 4 2 1 3 5 6 7 6 8 8 8 9 3 stocks to sales for May 1962 is 3*4; the ratio incorrect. Page 3 G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) • UNITED STATES - JUNE 1962 Department Percentage change from corresponding; period a vear atro ^ Stocks Sales during (end of period month) June 1 Jan.-June June Ratio of Unadjusted stocks to indexes (1947-49,, sales 1/ av.=100_—' June June 196211961 Sal as|Stocks WOMEN'S APPA1EL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats and suits Women's, misses' coats Women's, misses' suits Juniors' and girls' wear Junior's coats, suits, dresses Girls' wear Women's and.misses' dresses Inexpensive dresses Better dresses . Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'J AND BOYS' WEAR ilen's ifen's Boys' Hen's clothing furnishings and hats wear & boys' shoes, slippers 6 2 3 1 6 6 6 +14 +24 +27 +20 +17 +22 +15 2.4 2.2 4.7 3.7 4.8 3.5 4.4 3.8 2.6 2.2 1.9 1.6 3.4 2.9 + 2 + 2 + 1 + 4 + 1 -11 + 6 + 8 + 4 +11 + 6 - 9 +14 +13 +13 +13 + 6 . +3 1.8 1.7 % 4 1.3 2,5 2.3 2.1 2.0 1.7 1.6 14.9 12.8 - 3 + 6 + 7 + + + + - + HOMVuFTHNI 3HIMGJ Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings .lugs and caroets Linoleum 2 3 8 4 1 3 2 + + + + + + 4 2. 4 1 + + + + 0 + 6 - 2 - 3 - 2 0 - 7 0 + + + + + + 6 5 6 6 5 4 6 5 3 4 164 181 156 214 141 128 148 159 4.1 2.8 4.6 5.5 + 5 4.4 4.2 117 146 + 5 0 + 6 + 3 + y -12 4.2 3.9 2.1 2.0 4.9 4.6 5-5 5.3 5.5 5.0* 4.9 5.5 134 440 132 78 144 157 147 113 36 60 4.7 4.4 6.0 5.6 7.9 7.6 2.1 2.1 4.0 3.8 6.4 6.2 110 78 96 108 140 120 137 146 156 114 166 205 3-8 3.3 5.2 147 124 150 205 185 190 2.9 123 142 4.0 4.9 3.3 2,9 1.3 132 91 169 + 2 + 3 + 4 +12 + 3 + 1 Radios, phonographs, television, pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheet music, instr. +13 +14 + 9 +13 +15 + 9 +15 +15 +13 3.9 3.3 5.4 0 + 3 + 8 3.1 + + + + + + 8 * 4.3 +10 5.2 + 6 3.5 + 6 3.1 , 1-3 + 3 125 142 110 186 152 28 + 3 • + 7 +13 +11 - 3 0 2 4 4 1 +• 1 + 3 - 1 + 1 + 4 169 200 143 3.8 155 2.6 4.0 ' 122 175 5.0 + + + Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy 118 114 3.3; Draperies, curtains, upholstery Lamps and shades China and glassware . Major household appliances Housewares (incl. small appliances) Gift shop 4 4 4 4 3 117 186 3.6 + + + + + + MISCELLANEOUS MERCHANDISE DEPTS. 111 159 .29 92 96 71 8 4 7 6 4 4 3 164 147 154 . 201 85 118 180 206 163 154 97 3- G.7.3 Page 4 MONTHLY DEPARTMENT STORE 3AI&3 AND STOCKS, BY DSPAiiT'EHTTS (Continued) UNITED STATES - JUNE 1962 Department Percentage change from corresponding period a year ago Stocks dales during (end of period month) JunelJan.-June June Ratio of Unadjusted stocks to indexes sales 1/ (1947-49 . av.=100 zJ June June 196211961 balesIStocks BASEMENT STORE TOTAL - 3 + 3 + 9 2.6 Domestics and blankets + 2 + 3 + 6 3.6 2,3 114 127 3.5 91 130 Women's, misses1 ready-to-wear - 3 + 2 + 9 2.1 1.9 105 120 Intimate apparel "Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wear ..Aprons, housedresses, uniforms - 1 - 6 0 -11 - 1 - 1 - 5 -11 - 4 + + + + + + + + 7 +11 + 6 4-24 + 4 +12 +14 +14 0 2.6 3.0 2.5 3.8 1.1 1.5 2.5 3.7 1.6 2.4 2.5 2.4 2.8 1.0 1.3 2.1 2.9 1.5 121 3/ 3/ 36 121 180 121 104 3/ 143 3/ 3/ 73 115 147 151 141 3/ -5" + 5 +14 2.5 2.1 170 155 - + + + + +13 +14 +13 +23 2.3 2.7 2.0 3.4 2.0 2.3 1.8 2.7 178 187 178 144 154 174 146 167 84 112 Men's and boys' wear Hen's wear Men's clothing Hen's furnishings Boys' wear Homefurnishings 4 6 3 4 3 2 3 2 4 8 3 1 1 5 5 6 5 - 4 0 + 5 3.9 3.5 v - 5 + 2 + 8 3.3 3A 121 129 N0NM5RC'tiNDL%E TOTAL + 1 + 3 2/ X 3/ 141 3/ Barber.and beauty shop - 1 + 4 2/ 1/ u 185 2/ J h°es 666 * 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 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 s tocks 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 fro;- the Division of Administrative services, Board of Governors of the Federal Reserve System, Washington 25, D.C. 3/ Data not available. Note:--Based on reports from a group of large department stores located in various cities throughout the country. In 19&L, sales and stocks at these stores accounted for about 40 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.