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BOARD OF GOVSaOjeR& DF THE FEDERAL RESERVE SYSTEM G.7.3 . FOR IMMEDIATE RELEASE February 19, 1957 MONTHLY"" DEPARTMENT STORE' SAIES AND STOCKS, • BY DEPARTMENTS' UNITED STATES,- December 1956 . (Based on retail dollar amounts) Summary By Selected Department Groups Main Store Piece •BaseWomen's l&n's goods ment Main apparel Home and and Small JfiLscel-' • store store and furnishboys' house- wares laneous total total accesings wear hold sories textiles SAIES INDEXES (Unadjusted, 191*7-1*9 average monthly sales = 1C)0) " Oct. 19&Nov. 1954 Dec. 195U Ju ly 1955 ; Aug.. 1955 : Sept. 1955. Oct.; 1955 V Nov. 1955 Dec. 1955 July 1956 Aug. 1956 • Sept. 1956 Oct. 1956.: Nov. 1956 Dec., 1956. 109 127 195 \ .. . .. . ' 112 120 181 113 123 139 89 9* 1 111* 105 137 258 7U .. 77 . 95 116 157 285 97 107 111 121* 131 11*8 71 101* 83 92 96 118 75 86 101 111 11*6 265 -81 79 85 102 181* 350 72 . 82 99 .111* 163 278 99 109 109 126 135 11*9 80 105 85 93 99 117 80 92 100 113. 150 271 llh 119 126 189 13k 203 110 129 177 95 172 335, 71 91 . 78 93 106 116 .109 11*8 277 81 7* 1 98 • 100 108 118 118 . 122 11*0 133 ,202 . . 188 76 93 107 116 132 .180 83 . 77 . 8* 1 " 98 . 109 85 102 117 -190 1|35 31*6 177 STOCKS INDEXES (Unadjusted, 191*7-1*9 average of end-of-month stocks = 100) Oct. 1951 Nov. 195U Dec.. 1951* 132 135 108 109 1U2 11*9 152 110 115 115 106 110 111 111 July 1955 Aug. 1955 Sept.1955 Oct. 1955 Nov. 1955 Dec. 1955 110 117 127 138 11*3 115 " 113 128 11*0 11*9 153 117 111 125 11*2 156 , 160 . 116 109 107 113 120 122 111* 101* 102 109 115 V 117 116 July 1956 Aug. 1956 Sept.1956 Oct. 1956 Nov. 1956 Dec. 1956 119 126 135 150 15U 122 122 138 11*7 162 .161* 121* . 121 135 .152 172 171* 128 1.3' 1.3 .1.1* 4.3 11*0 .120 ' 110 131 11*6 110 158 165 9* 1 ' 109 111 119 137 155 118 106 110 127 163 172 . 100 121* 101 ' 108 • ni 128 132 102 117 122 131 .131 , 120 108 113 121 121 , 120 117 119 126 11*7 165 125 111* 119 136 178 185 101* 104 120 133 1?6 103 ,2.7 , 2.6 i,2.8 3.0 3.0 3.1 1.1* 1.1* 1.5 0.7 0.7 -0.8 1.1 1.2 1.2 1:0 RATIO OF STOCKS TO SALES Dec. 195U Dec. 1955 Dec. 1956 1.6 1.6 1.7 i.3 Figures for departments withiri groups given on following pages. page 2 0.7*3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - December 1956 Department GRAND TOTAL-entire store Percentage charige from corresponding period a year ag lo Stocks Sales during (end of period month) Dec. Dec.1Jan.-Dec. -1 +3 ' +6 Unadjusted indexes (1917-19 av. - 100 £/) December December 1956|1?55 Sales|Stocks Ratio of stocks to sales 1/ 1.6 1.5 — — 202 122 . -1 +3 +6 1.7 1.6 -1 +2 +3 3.1 3.0 117 120 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods -5 -1 -U -8 -2 +1 +2 -3 -2 +1 a. 2 *8 ' 3.3 5.1 l*.o 3.8 3.2 5.0 58 55 73 55 81* 76 79 108 Household textiles Linens and towels Domes tics—muslins , sheetings Blankets, comforters, spreads 0 +1 +2 -1 +3 +3 +h +3 -A 2.8 2.2 4.2 2.6 2.7 2.2 1*.0 2.5 160 196 109 167 11*0 121 181 131 +1 4l* 46 1.5 1.!* 271 125 +b +3 +i* +2 2.5 2.2 l.U 2.1* 2.2 1.3 136 165 301 107 132 126 1.7 2.8 1.0 2.3 1.5 2.5 0.9 2.1 269 209 291 366 132 150 122 132 109 122 120 119 .188 121* 209 301 250 90 280 159 10 261 301* 231 317 223 296 11*8 163 1** 11 121* 131 66 70 91 162 122 108 206 102 81* 122 122 1M* 139 11*5 m m STORE TOTAL PIECE GOODS, HOUSEUOID TEXTILES SMALL WARES Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries +2 -2 -3 +5 +2 48 +6 +8 +7 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches -h Art needlework Books and stationery Books and magazines Stationery -1 +2 +2 +1 +2 +5 +7 +U +9 +7 3.0 2.9 136 0.9 0.9 377 1.0 0.9 * 310 0.9 0.8 LOO 0 +3 46 1.1* 1.3 -2 -2. -7 -6 -6 +1 -7 -2 +1 -4 -1* 0 +2 0 +1 0 +3 +3 -1 +6 +2 +5 +1 -3 45 +11 -1 +7 43 4l* 4** 42 42 WOMEN'S APPAREL AND ACCESSORIES Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women1s and children's gloves Corsets and brassieres Women's, children's hosiery Underwear, slips, and negligees Knit underwear Silk 6 muslin underwear, slips Negligees, robes, loung. apparel Infants' wear Handbags, small leather goods 15omen's and children's "shoes Children's shoes Women's shoes -2 -6 0 +1 - 46 -1 +6 +7 ' +h 0 +2 -1 +1 \ +3 +U ^5 +3 +5 +3 0 +8 48 46 47 +7 47 1.5 0.8 0.8 0.8 1.1 2.7 1.3 • 0.9 1.1 l.k 0.8 0.8 0.7 1.0 2.5 1.1 0.9 1.0 1 . 0 0.9 0 . 5 0.5 l.l* 1.1* 0 . 8 0.8 3.7 3.5 3.0 2.8 3.9 3.7 MT 0.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - December 1956 Percentage chair f from ie corresponding period Ratio of p° stocks to a year a < Stocks sales 1/ Sales during (end of period - month)December Dec,|Jan.-Dec, Dec. 195611955 Department Unadjusted indexes . (19U7-U9., av. = 100 2/) December Sales|Stocks WOMEN'S APPAREL," ACCESSORIES (Cont.) Women's apparel Women's, misses' coats & suits Women's, misses' coats Woman'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 * * 1 " + 1 + 7 + 6 0 + 3 + 8 + h 0 0 * + 5 0 + 6 + u + 7 + 8 + 8 + 6 + 1 * + 6 + 2 1.1* 1.9 1.6 3.0 1.1 1.1 1.0 166 1.3 1.8 ' 100 1.5 n 5 2.8 55 1.0 20l* 1.1 155 1.0 261* 125 113 122 .86 121* 120 127 h 1.6 1.1 2.1 1.1 1.3 2.1 116 1.5 1.1 122 2.0 ;112 1.0 261 1.1* 11*9 1.8 208 121* 116 130 11*9 108 110 + + + - 1 2 2 2 1 3 + + + + + + 5 3 5 ' 2 5 + 6 +1* + 7 +12 -3 + 7 - 2 + 1 +10 1.5 1.3 278 128 + 2 3 3 2 + + + + 2 1 2 1 * + 9 +11 + 7 +13 2.7 1.0 1.5 2.5 2.1* 0.9 1.1* 2.3 185 31*9 252 252 139 120 111 1** 11 0 + 1 * + 6 2.8 2.6 11*9 120 0 1 1 2 1 2 >5 + 2 + 6 + 1 * +1 * * 5 + + + t + + 6 1 7 3 5 6 h.2 M.3 k.6 it.5 5.5 3.9 3.3 3.9 1*.3 1*.3 5.0 H 5 86 121 88 91 16 * 128 159 123 110 115 6* 1 Draperies, curtains, upholstery -3 Lamps and shades - 2 +• >1 China and glassware * i * Major household appliances Housewares (incl. small appliances) - 2 + 1 Gift shop + 2 + 3 > 1 * 0 + 3 + 5 <5 + 5 + 3 + 3 + 9 + 6 3.6 2.0 2.9 3.0 2.2 1.1* 3.3 1.9 2.7 2.7 1,9 1.1* 120 179 21*5 69 191* 2*01 118 118 121* 101 132 11*6 Radios, phonographs, television, pianos, records, sheetmisic, infitr. +11 + 8 Radios, phonographs, television Records, sheet music, instr. +1h • 9 + 5 *17 + 1 * - a +19 1.0 0.9 1.2 1.1 1.0 1.1 285 272 381* 99 116 + 2 + 1 * 0.8 0.7 31*6 101* *•2 + 6 + 2 *11 + 8 + 6 0.7 0.5 1.1* 1*6 0.3 0.6 0.5 1.2 1.1* 0.3 517 582 375 252 337 115 305. 12? 1?1 MEN'S AND BOYS' WEAR Men's clothing . lien's furnishings and hats Boys' wear Men's & boys' shoes, slippers HOKEFURNISHIKGS Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum MISCELLANEOUS MERCHANDISE DEP3S. + - - 1 Toys, games, sporting good?, cameras - 1 Toys and games - 2 + 1 Sporting goods and cameras I«ggage - 2 Candy 0 0 + 6 + 5 + 6 3.1* 98 93 Page 4 G.7.3 MONTHLI BEPAKEMBZT STORE SALES AHD STOCKS, BY BEPABTMBHTS (Continued) UNTIED STATES - December 1956 Department BASEW3RT STORE TOTAL Percentage change from correspond tng period Ratio of stocks to a year ago Sales during Stocks sales 1/ (end of period month) December Dec. 1 Jan.-Dec. Dec, , 195611955 - 2 + 1 + 1 1.2 1.2 2.3 Unadjusted Indexes (1947.49 av.=100 2/) December Sales 1Stocks 177 103 134 Domestics and blankets - 2 + 2 0 2.2 143 Women's, misses' ready-to-wear - 2 + 1 + 1 1.0 0.9 165 + + - 5 8 2 2 2 2 2 1 4 0 - 1 + 1 0 +1 + 6 + 2 + 1 - 1 + 1 0 0 - 7 + 1 + 1 + 3 - 1 0. 1;1 lil 1;1 1*3 0;9 0;9 0;8 1;0 1.0 1.1 1.0 1.1 1.4 0.8 0.8 0;7 1.0 1.0 192 2/ l! 79 114, 220 243 232 1/ 0 + 1 + 4 0.9 0.9 278 110 + + + + 1 2 1 2 + + + + 0;9 1*5 Oil 1.0 0.9 '1*5 0.6 0.9 278 200 315 260 111 120 100 105 0 - 2 2.4 2.3 117 106 Intinate apparel Hosiery . 'Jrdorwear, corsets & brassieres Costs and suits Dresses ^louses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms Men's and boys' wear Men's wear Men's clothing Men's furnishings Boys' wear Homefurhlshlngs 0 + 3 -2 + 1 - 3 6 3 8 3 97 107 1/ H 78 89 108 101 110 1/ Shoes - 1 + 2 + 4 2.3 2.1 154 110 NDNMBRCHASDISE TOTAL - 2 + 5 2/ l! 1/ 155 n Barber and beauty shop -4 + 2 H 3/ 115 a 3/ 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 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, D. (J. 2/ Data not available. Notes—Based on reports from a group of large department stores located in various cities throughout the country. In 1955, sales and stocks at these stores accounted for almost 50 per cent of estimated total department store sales and stocks. Hot 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.