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F E D E R A L R E S E R V E FOR IMMEDIATE RELEASE December 21, 1961 1 . J MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - OCTOBER 1961 (Based on retail dollar amounts ) J Summary by Selected Department Groups Main Store Main store total Women's apparel Men's and and Boys' accessories wear Piece Home goods furnishand ings household textiles Small Miscelwares laneous Basement store total SALES INDEXES (Unadjusted, 1947-49 average monthly sales - 100) Aug. Sept. Oct, 1959 1959 J-959 100 114 126 100 125 133 86 ioi 124 113 0118 134 106 85 92 95 110 124 87 83 105 94 108 117 June July Aug. Sept. Oct. I960 I960 I960 I960 I960 107 85 105 113 123 102 82 107 124 132 131 83 92 100 121 111 100 112 114 125 75 84 112 84 90 115 88 103 113 122 111 91 89 83 100 102 76 100 106 115 June July Aug. Sept Oct. l?6l 1961 1961 1961 1961 110 91 108 114 124 105 84 110 123 132 138 87 96 101 122 111 105 113 118 128 76 88 114 84 91 117 91 105 : 115 123 114 92 91 84 99 104 z?8 103 103 115 . . STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Aug. Sept Oct, 1959 1959 1959 137 150 162 158 172 178 142 165 181 123 131 138 114 122 125 June I960 July I960 Aug. I960 Sept. I960 Oct, I960 140 ' 139 145 157 169 141 148 165 179 186 147 139 156 179 195 141 134 131 137 145 119 124 119 127 130 143 149 166 181 193 143 139 155 177 196 139 131 128 134 143 2.8 2.9 3-0 4,6 5.0 5.0 3.4 3.8 3.7 June 1961 July 1961 Aug. 1961 Sept. 1961 Oct. 1961 141 138 145 158 172 - 131 . 141 162 126 149 188 119 132 138 143 138 138 147 169 130 128 131 153 194 118 115 121 134 141 119 123 119 129 134 147 141 141 150 176 132 129 132 153 194 ii6 111 120 136 146 4.1 4.2 4.3 4.1 4.3 4.4 4.5 4.8 4,7 2.5 2.5 2.6 , RATIO OF STOCKS TO SALES Oct, Oct. Oct. 1959 I960 1961 3.5 3.7 3.7 Figures for departments within groups given on following pages. *<*> G.7-3 .. ' MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES -OCTOBER 1961 - Department.. .. GRAND TOTAL-entire store Page 2 .'* Percentage eh'anjge from corresponding ]period Ratio of stocks to a vear a# . „ Stocks sales 1J " Salfes during- (efd oi period October monthl October Oct.. 1Jan-Oct Oct. 196111960 Sales 1Stocks • + 1 0 + 2 3.5 3.4 ~ —• MAIN STORE TOTAL + 1 0 +. 2 3.7 3.7 124 172 PIECE GOODS, HOUSEHOLD .TEXTIIES + 1 + 1 + 3 4.3 . 4.2 91 134 - 2 0 - 2 , - 4 - 1 + 2 + 2 ' - 2 + 4 + 3 +10 + 5 3.6 3.8 2.3, 4.8 + + + + 2 2 4 , 2 4.5 4.5 5.2 5.2 4.8 4.7 3.5 3.6 104 99 86 138 1.53 147 175 150 + 1 + 4 ' 4.4 4.3 123 176 - 4 - 1 + 1 - 2 + 3 + 8 4.8 4.2 4.2 4.7 4.1 4.0 86 112 133 132 178 170 + 3 0 +.1 +10 5.0 7.2 3.0 8.9 4.9 7.7 3.0 8.5 119 92 145 129 178 178 182 199 + + + + 3.8 3.8 118 4.3 4.2 134 3.6 3.5 128 4.6 4.6 133 130 209 176 217 193 Piece goods Silkes, velvets, synthetics Woolen yard goods Cotton yard goods Household textiles Linens and towels • Domestics—muslins, sheetings Blankets, comforters, spreads SMALL WARES Laces, trimmings, embroideries, arid ribbons Notions ' Toilet articles, drug sundries + + + + + + + - 3 3 2 4 .+ 1 - 3 ' . - 1 + l 1 1 2 1 Silverware and jewelry Silverware and clocks Costume -jewelry Fine jewelry and watches + + + 1 7 2 4 + + + 1 1 2 4 Art needlework Books and stationery Books and magazines Stationery + + + + 4 1 2 1 + 3 + 1 +1 0 2 2 3 1 • 3.4- 72" 3.6 63 2.0 121 4.4 ,* — 96 93 103 110 WOMEN'S APPAREL AND ACCESSORIES + 1 0 + 4 3.0 Women's accessories Neckwear and scarfs ~; Handkerchiefs — Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery 0 - 4 - 4 - 6 +20 + 3 0 - 1 • - 2 - 5 - 3 +12 + 3 + 1 + 3 + 1 - 6 +15 + 8 + 8 + 4 188 3.6 3.5 124 220 2.9 2.8 138 47. 83 5.3 5.4 1.0 0.8 131 137 4.0 4.4 152 174 : 3.4 3.3 164 . 222 3.1 3.0 91 .166 Underwear, slips, and negligees + 2 Knit underwear + 2 Silk & muslintinderwear;slips + 1 Negligees, robes, loung. apparel + Infants1 wear ' - 2 •Handbags,, small leather goods -2 Women's and children's shoes • - 2 :' Children's shoes - 6 Women's shoes - 1 fy•' 0 - 1 ' 4.2 - 1 J 0 4.2 0 „ o ;,'^.3 + 2 + l : 3.5 - 2 - + 3 - 3.3 - 2 + 1 2.7 1 5.1 • +• 2 - 1 + 5 6.5 + 1 4.8 - 3 2.9 4.3 4.3 4.4 3.6 3.1 2.7 4.9 5.8 4.7 132 . 89 .172 119 233 144 72 172 95 140 .191 141 197 207 145 216 105 156 203 G.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - OCTOBER 1961 if Department Percentage chainge from corresponding: period Ratio of a vear aICO stocks to Stocks .sales lj Sales during (end of period October month) October Oct. Uan.-Oct. Oct. L961I1960 Sales[Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats and suits Women's, misses' coats Women'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 HOMEFURNISHIN GS Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum + + + + + - 1 5 5 5 1 2 3 + + + + + + - 1 5 7 2 I 3 2 + 5 + 5 + 5 + 6 + 7 +13 + 3 2.5 2.4 2.2 2.2 2,1 2.2 2.3 2.2 2.6 2.5 2.1 1.9 3.1 2.9 141 130 142 81 154 139 171 199 175 198 106 242 23L5 264 0 - 1 + 1 +1 + 3 + 3 + + -1 0 1 1 3 4 + 7 +10 + 4 + 4 + 2 + 2 2.2 2.0 1.7 1-5 2.7 2.6 2.7 2.6 2.2 2.2 3.9 3.9 121 126 118 171 110 160 181 188 180 240 129 167 + 1 0 0 5.0 5.0 122 196 2 1 2 1 0 +1 0 0 - 1 0 + 1 + 3 5a 4.8 4.5 6.6 5.3 137 4.9 106 4.4 135 6:4 134 206 186 192 207 + 2 - 1 - 1 3.7 3.8 128 143 0 + 2 0 0 0 + 3 - - 4 0 - 3 - 2 - 1 -10 3.3 3.4 142 1.6 1.7 154 3.8 3.9 137 2.9 3.0 132 2.8 2.8 135 4.4 5.1 56 133 142 130 112 114 66 3.6 132 3.8 112 7.6 110 2.4 83 4.3 119 7 A 136 134 147 156 93 165 250 + + - Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances + Housewares (incl. small appliances)+ Gift shop - 3 3 2 1 1 8 0 2 2 3 2 0 - 1 4 5 1 0 -3 - 2 - 1 - 2 -5 0 - 2 Radios, phonographs, television, pianos, records, sheetmusic, instr*12 Radios, phonographs, television +14 Records, sheet music, instr. +11 + 7 + 8 + 4 + 9 +12 + 4 MISCELLANEOUS MERCHANDISE DEPTS. - 1 Toys, games, sporting goods* cameras-1. Toys and games - 1 Sporting goods and cameras - 2 Luggage + 2 Candy + 2 — + + 1 1 0 3 1 0 0 0 + 1 + 1 3,5 3,8 7.6 - 2.2 4.2 7.2 195 & f£: 207 230 214 4.7 99 194 2.9 3.0 4.7 I'o n 7.5 6.7 1.3 7.5 8.4 1.3 100 84 134 72 124 % 155 1^ G.7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BT DEPARTMENTS (Continued) UNITED STATES - OCTOBER 1961 Department BASEMENT STORE TOTAL ' Percentage change from corresponding period — a year ago Stocks . Sales during (end of period month) •Oct; IJan.-Oct. Oct 4 0 0 + 3 Ratio of Unadjusted indexes stocks to sales Xf (1947-49, av.=100£/) October October 19631-1960-Sales.! Stocks 2.6 2.5 115 146 Domestics and blankets + 1 • +1, 3.0 3.1 105 131 Women's, misses1 ready-to-wear - 1 - 1 + 6 2.1 2.0 ;ii2 146 + 2 0 + 3 +1 +1 - 1 - 1 - 4 - 1 + 1 + 2 + 1 + 5 - 2 - 4 - 1 - 3 -3 + 4 '+6 + 3 + 6 +11 + 4 + 8 + 4 + 6 2.7 2.3 2.8 1.6 1.5 1.9 2.3 2.5 2.4 2.7 2.2 2.9 1.5 1.4 1.8 2.1 2.3 2.3 150 3/ x 3/ 3/ .105 122 119 83 177 153 149 .200 145 ' 170 3/ 2J + 4 3.2 3.2 133 . 190 3.3 3.3 3.3 3.1: 3,2 126 3.3 141 3.2 120 2.9 150 ^Intimate apparel Hosiery Underwear, corsets* & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wea* Aprons, housedresses, uniforms Men's and boys' wear + 2 Men's wear Men's clothing Men's furnishings ; *. Boys' wear Homefurnishings . + 1 + 3 0 + 3 P.- . + 1 + + + ; + 1 2 1 2 + 2 . + 1 + 4 > 9 + 1 - 1 0 Shoes + 2 - 1 + 1 NONMERCHANDISE TOTAL +1 + 2 0 + 1 Barber and beauty shop ill 182 192 177 208 2.7 2.7 109 111 3.6 3.6 122 142 3/ 3/ '3/ 143 2/ 3/ 3/ 3/ 117 31 month by sales diiring 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. Zj 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 1 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 i960, 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.