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\v BOARD OF GOVMtMORS OF; THE FEDEitAL RESERVE SISTEMr FOR BMEDIATE RELEASE December 11, 1958• 0.7.3 MONTHLY B E B B T W N T STORE' SALES AND STOCKS, BT DEPARTMENTS • UNITED STATES - OCTOBER 1958 (Based on retail dollar amounts) « Summary by Selected Department Groups Main Store Main store total Piece Women's Men*e goods ; apparel Home and and and, boys' furnish- houseings accesiretir hold sories textiles Small Miscelwares laneous Base-" ment store •total SALES INDEXES (Unadjusted, 1947-49 average monthly sales • lOO) 98. 108. 118. .100 118 122 82 99 11U- 109109 126 105 85 93 99. : 86 102 . 106. . 115. 92 78 105 115 120 121 77 87 93115 1Q8 104 110 111.. 120 72 81 106 83 89 97 87 100. 110. 120. 90 79 : 100 .118 125 lilt 80 87 95 117 103 104108 115 127 72 84 .105 84 90 Aug. 1956 Sept. 1956 Oct, 1956 Jund 1957 July 1957 Aug. 1957 Sept. 1957 Oct. 1957 June 1958 July 1958 Aug. 1958 Sept. 1958 Oct. 1958 . . 92 84 100; . 85 102 W ' 98 109 117 100 84 95 103 113 105 91 . 92 85 102 102 79 101 104 113 103 105 87 95 92 94 108 „• 89 . .117 . 106 96 79 97 106 115 - STOCKS INDEXES.(Unadjusted, 1947-49 average of end-of-month stocks - 100) Aug. 1956 Sept. 1956 Oct. 1956 126 .135. 150 138 147 162 335 152 172 117 122 131 June 1957 July 1957 Aug. 1957 Sept. 1957 Oct. 1957 128' •. 126. \ 131 ... 1U2 156. 127 132 145 158 168 137 128 141 June 1958 July 1958 Aug. 1958 Sept. 1958 Oct, 1958 . 126". 123. 128 11(1. 15k 108 113 121 119 126 147 119 136 178 110 120 133 178 129 123 120 125 135 112 115 110 118 123 129 124 12k 132 154 122 121 124 148 189 ; 110 107 111 125 133 125 129 142 157 167 133 125 136 158 173 127. 119 116 123132 108 110 106 115 121 130 124 124 134 156 124 ' 123 125 147 189 ioe 105 110 124 134 2.9 3.0 2.8 4,9 4.9 3.5 3.8 3.5 4.0 4.2 4.0 4.1 4.3 4.2 4.5 4.6 4.5 2.4 2.5 2,4 16Z ^ RATIO OF STOCKS TO SALES Oct. 1956 Oct. 1957 Oct. 1958 . 3.5 ... 3.7. 3.5. lul Figures for departments within groups giveir on following pages. G.7.3 Page 2 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - OCTOBER Percentage ciumge from corresponding period a year agjo Stocks Sales during (end of period month) Oct. | Jan.-Oct. October Katio of Unadjusted stocks to indexes sales 1/ (151*7-1*9, av.=100jy ) October October 195011957 Sales|Stocks + U - 1 3.3 Department GRAND TOTAL-entire store - 1 3.U — 3.5 3.7 120 15U U.O U.I 90 121 3.3 3.6 3.It 3.6 2.1 2.2 1*.U U.6 . 73 63 119 58 • — MAIN STORE TOTAL *.k - 1 - 1 PIECE GOODS, HOUSEHOLD TEXTILES + '1 - 1 - 2 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + 1 0 0 - 3 - - Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads + 1 + 5 0 0 - 1 - 2 0 - 1 + - 1 1 1 2 lt.3 U.9 li.U 3.U U.3 5.2 U.3 3.5 101 93 86 135 137 129 153 1U3 . • u + 2 + 2 U.2 U.3 117 156 - 2 0 * 5 - 7 0 • U - 1 + 1 + 1 5.0 U.l 3.9 5.0 U.o U.o 83 108 125 130 161 1U5 + 5 - 2 + 6 +17 + + + 2 2 6 3 0 - 5 + l +10 U.8 6.6 3.1 8.5 5.1 6.8 3.2 9.1 111 92 131 11U 159 162 161 17U + 3 + + + + 2 3 1 3 + + + I 5" 5 6 3.8 U.O 3.2 U.3 3.9 3.9 3.2 U.2 11U 133 125 13U 122 191 152 202 - 1 0 2.8 3.0 125 167 1 7 7 3 2 2 1 0 9 8 5 0 2 3 3.1* 2.7 lt.8 0.9 U'U 3.2 2.8 3.6 2.9 U.9 1.0 U.5 3.3 3.0 120 167 135 197 86 53 131 115 118 1U7 150 183 9U ' 152 U.O U.o U.i 3.5 3.0 2.6 U.7 5.U U.6 U.2 U.2 U.3 3.5 3.0 2.7 5.0 5.6 U.8 87 115 71 90 1U2 136 1U0 105 1U9 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 ' WOMEN'S APPAREL AND ACCESSORIES "Women's accessories Neckwear and scarfs Handkerchiefs Millinery v "Somen'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 *k * u + u + U 3 2 2 3 + • + + + 5 2 6 U 3 6 9 + t + + + + + + • + + 2 3 U 1 3 7 7. U 7 -5 -3 - 6 - U - 2 + 1 + 2 + 1 + 2 -5 - 5 , -5 ' - 6 + + + + 2 u 1 1 2 0 + 1 - 1 + 2 ! 87 82 92 100 157 20U 132 158 17 U 175 182 186 181 G.7.3 Page 3 MONTHLY DEPARIMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - OCTOBER Department Percentage change from corresponding period Ratio of Unadjusted a year ago stocks to indexes sales 1/ (191*7-1*9, av.=100=f P"104 lionthf October October Oct.|Jan.-Oct. (October 1958H957 Sales|Stocks WCLIEN'S APPAREL, ACCESSORIES (Corrt.) 1* 1 3 6 5 2 7 - 2 - 3 - 1 -7 - 2 - 5 + 1 - 1 + 5 +10 - 8 + 2 + 1 + 2 2.3 2.1 2.1 1.9 2.1* 2.0 2.8 2.U 2.0 1.9 2.2 2.5 2.0 2.9 130 120 129 85 139 117 166 + 5 + 7 + 2 + 1* +10 +15 3 2 1* 2 0 + 7 + - 3 0 1* 6 2 1* 1.9 1.5 2.1* 2.5 2.2 3.2 2.1 1.6 2.5 2.7 2.5 3.6 113 1U6 115 1U8 112 1U7 156 > 198 120 98 160 137 + 2 - i - 3 1*.7 U.9 117 173 2 2 1 3 - 2 - 1 0 + 2 -3 1* + 1 - 2 U.8 1*.6 U.3 5.9 131 103 127 131 182 167 169 177 + 6 - 1 ' - 2 3.5 -3.7 W 132 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum * + 6 0 + 8 + 6 + 5 +13 - 3 - 2 -3 0 - 1 - 1* -5 - 2 - 5 - 7 - 7 - 7 3.1 3.5 1.7 1.8 3.5 U.O 2.9 3.3 2.9 3.3 3.5 U.2 1U3 1U9 139 130 131 7U 125 11*2 120 108 111 69 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 1 + 5 + 5 + 5 + 8 +10 3.6 3.5 7.3 2.3 U.2 133 119 117 86 131 13U 11*6 91 Tfii cm en's- apparel V«caen's, misses' coats it suits Women's, misses1 coats Yemen's, misses' suits Juniors' and girls' wear Juniors' coats, suits, dresses Girls' wear Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'S AND BOYS' WEAR Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers HOMEFUHNISHINGS + + + + + + + + + Radios, phonographs, television, pianos, records, sheetmusic, instr. + 5 Radios, phonographs, television + U Records, sheet music, instr. + 7 - 0 3.5 3,3 6.9 2.1 5.1 U.9 U.3 6.2 121 6.U 11*2 212 165 179 176 +12 +16 + 7 3.1 2.9 153 U.3 U.3 11*0 + u + 3 0 U.5 U.7 10& Toys, games, sporting goods, cameras + 3 Toys and games - 1 Sporting goods and cameras +10 Luggage 0 Candy + U + 3 - 2 +10 - 8 + 5 0 7-1 7.3 - 2 + 3 - 5 + 6 150 3.9 5.9 + 3 + U + 1 MISCELLANEOUS MERCHANDISE DEBTS. 167 157 178 92 199 169 22U 2.6 2.3 161 8.0 8.1 5.5 6.2 1.1* 5.8 6.5 1.3 135 75 120 189 253 303 185 151* 11*9 G.7.3 Page i* MONTHLY DEPAiflMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - OCTOBER Department E4SKXBUT STORE TOTAL Domestics and blankets 1 11 omen s, misses' ready-to-wear Intimate apparel hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants 'uear Apron#, housedresses, uniforms , + * - 1 + 1 2.4 2.5 135 1314. - 3 - 1 2.9 2.9 110 128 0 2.0 2.0 . 109 131 2 1 3 8 0 3 3 1 6 2.5 2.7 2.1 2.7 2.3 2.8 1,8 2.1 2.2 2.5 1.9 2.1 2.2 + I 2.9 2.8 132 167 2.9 2.9 2.9 2.9 2.8 2.7 2.9 2.8 128 1U2 122 140 161 169 156 178 + 2 -4 • 5 - 2 + 1 - 3 +11 + 1 - 2 + 4 —5 Men's and boys' wear + 1 0 Men's wear Men's clothing Men's furnishings . Boys' wear • 1 - 1 + 2 0 0 + 3 - 2 - 1 + + - Unadjusted indexes (1947-42, av.-lOOeZ October bales(Stocks -3 -10 - 2 - 3 - 3 - 6 Hcmefurnishings f Percentage chaiige I'rcm K S • corresponding period Ratio of a year at»o , stocks to Stocks sales 1/ Sales during (end of . period month) October Oct.tUan.-Oct. October 195611957 6 2 1 6 Shoes / + + + - + + + • 4 7 2 4 1.5 1.4 1.5 1.5 2.5 107 133 3/ - 2/ J/ J/ i% 78 : 75 105 163 152 11*7 178 149 154 3/ 3/ 0 - u -3 2.5 2.6 118 112 +12 + 2 * 1 3.4 3.7 122 132 NOMIEhCHANDISE TOTAL + 3 • 2 3/ 3/ 3/ 139 3/ Barber and beauty shop + 8 + 2 3/ 3/ 3/ 112 3/ i/ Ihe ratio of stocks to sales Is obtained by dividing stocks at the end ofthe "" 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 19U7-U9 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 11^6-49 of the November 1953 Federal Reserve Bulletin. A brochure containing back data for the departmental series for the period 19U0-1952, inclusive, may be obtained from the Division of Administrative Services, Board of Governors of the .Federal Reserve System, Washington 25, D . C. 3/ Data not available, — Rote:—Based on reports from a group of large department stores located in various cities throughout the eountry. In 1957, 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; consequent!/, the sample for the individual departments is not so comprehensive as that mr the total*