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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE February 20, 1961. 0.7.3 ~ ^STORELSALSS AND STOCKS. BY DEPARTMENTS * ' •' UNITED STATES - DECEMBER i960 I (Based on retail dollar amounts) . - summary by Selected Department Groups Main Store BasePiece Women's goods Small Miscel- ment apparel Men's Home Main and and and wares laneous store store acces* boys' furnish* hogpetotal ings total sories weai4 hdld textiles SALES INDEXES (Unadjusted, 1947-49 average monthly sales « 100) Oct. 1958 Nov. 1958 Dec. 1958 . 120 130 2?1 125 124 £05 117 145 308 127 131 161 90 88 121 117 142 299 106 170 385 115 121 193 Aug. 1959 Sept. 1959 Oct. 1959 Nov. 1959 Dec. 1959 100 114 126 139 228 100 125 133 133 211 86 101 124 156 311 113 118 134 139 171 106 85 92 92 122 95 110 124 152 317 87 83 105 180 390 94 108 117 127 192 Aug. Sept. Oct. Nov. Dec. 105 113 123 139 225 107 124 132 135 209 92 100 121 155 315 112 114 125' 135 162 112 84 90 92 119 103 113 122 157 315 89 83 100 178 383 100 106 115 126 189 I960 I960 I960 I960 I960 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Oct. 1958 Nov. 1958 Dec. 1958 154 158 123 167 170 126 173 176 126 132 133 120 121 122 119 156 174 131 189 196 109 134 136 , 103 Aug* 1959 Sept. 1959 Oct. 1959 Nov. 1959 Dec. 1959 137 150 162 166 132 158 172 178 182 137 142 165 181 187 137 123 131 138 140 128 114 122 125 124 125 131 141 162 179 136 126 149 188 194 112 119 132 138 141 108 Aug. Sept. Oct, Nov. Dec. 145 157 169 175 136 165 179 186 191 141 156 179 195 201 143 131 137 145 145 130 119 • 138 131 147 > 153 127 130 169 194 202 129 191 144 127 113 1.5 1.6 1.6 1.3 • 1.3 1.4 1.4 1.4 1.4 2.5 2.5 2.7 2.9 3.0 3.1 I960 I960 I960 I960 I960 121 134 141 : 146 106 RATIO OF STOCKS TO SALES Dec. 1958 Dec. 1959 Dec. I960 1.4 1.3 1.4 0.7 0.7 0.7 Figures for departments within groups given on following pages. 1.1 1.1 1.1 Page 2 G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - DECEMBER Department Percentage change from corresponding: period a vear aeo Stocks Sales during (end of period month) Dec.} Jan—Dec.December Ratio of Unadjusted stocks to ( indexes sales 1/ (1947-49., lav.=100 2/) December I December 1960(1999 Bales!Stocks GRAFID TOTAL-entire store - 1 + 1 + 3 1.5 1.5 MAIN STORE TOTAL - 1 + 1 + 3 1.6 1.5 225 136 PIECE GOODS, HOUSEHOLD TEXTILES - 2 + 1 + 1 3.1 3.0 119 127 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + - 2 4 6 4 + + + + 1 1 3 2 + + + 1 2 5 5 4.1 4.0 2.8 5.5 4.0 3.8 3.1 5.0 55 51 81 48 83 77 80 109 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads + 2 4 2 1 + 1 + 2 0 + 1 + + - 1 6 1 3 2.8 2.3 4.0 2.6 2.7 2.1 4.0 2.7 165 206 112 173 150 135 189 137 — ~ - 1 + 2 + 6 1.4 1.3 315 144 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries 0 - 1 + 2 + 3 + 2 + 3 + 2 + 4 + 6 2.4 2.4 144 2.1 2.0 186 1.3 1.3 362 113 146 149 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches - 3 4 2 4 + + + + + 7 + 3 +12 + 6 1.6 2.7 0.9 2.2 1.5 2.5 0.8 2.0 Art needlework Books and stationery Books and magazines Stationery - 1 2 4 2 + 4 0 0 0 + + + + 2.8 0.9 1.1 0.8 2.7 149 0.8 441 1.0 355 0.8 469 :-SHALL WARES 3 1 5 1 3 6 6 7 148 312 220 156 349 ,142 160 441 120 145 149 139 WOMEN'S APPAREL AND ACCESSORIES - 1 + 2 + 3 1.4 1.4 209 141 Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery 0 - 2 -10 + 7 +13 + 1 0 + 2 0 - 6 + 3 + 6 + 2 + 1 + + + + + 3 1 4 1 4 5 0 1.5 0.9 0.9 0.8 0.9 2.7 1.4 1.4 0.9 0.8 0.8 1.0 2.6 1.4 229 290 215 . 99 346 189 174 142 143 65 69 93 196 140 0 + 1 . - 1 * 2 0 + 2 + 3 + 3 + 3 + + + + + + + + 3 7 4 4 2 4 3 2 4 0.9 1.1 1.0 0.5 1.4 0.8 3.5 3.0 3.6 0.9 1.0 1.0 0.5 1.3 0.8 3.5 3.1 3.6 279 337 233 358 243 334 172 181 170 120 247 111 91 137 144 170 167 169 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 + 1 1 3 1 2 2 3 3 3 6.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - DECEMBER Department Percentage change from ! ' corresponding period 1 Ratio of (Unadjusted a year ago (stocks to indexes [ Stocks bales 1/ K1947-49 . Sales during (end of I lav.=100 Z!) period | month) I December I December JecJJan.-DecJ Dec, H96011999 Gales I Stock, 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 clothing Men's furnishings and hats Boys' wearMen's & boys' shoes, slippers HOHEFURNISHINGS * + * - 1 2 2 5 1 0 - 1 + + + + + + 2 1 3 5 2 3 1 + 3 + 1 + 4 -12. + 2 + 4 + 1 1.3 1.7 1.6 2.4 1.0 1.0 1.0 1.3 1.7 1.6 2.6 1.0 .1,0 1.0 - 5 - 5 . 6 0 - 4 - 5 + + + + + - 2 3 1 2 2 5 + + + + + + 1.7 1.2 2.3 1.1 1.5 2.4 1.5 1.1 2.1 1.0 1.3 2.2 + I " +1 + .+ + + 1 1 3 5 (l + 4 + 2 1 - 5 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum -11 - 9 -11 -11 -13 -23 2 2 1 1 1 -12 Draperies, curtains, upholstery . Lamp's and shades China and glassware •Major household appliances Housewares (incl. small appliances) Gift shop - -7 -11 - 6 -. 6 - 2 - 5 , - Radios, phonographs, television, pianos, records, sheetmusic, instr. + 1 Radios, phonographs, television + 2 Records, sheet music, instr. - 4 MISCELLANEOUS MERCHANDISE DEPTS. Toys and games Sporting goods and cameras Luggage' CaTidy - 1 3 1 6 3 2 5 5 6 4 4 2 189 140 110 120 127 134 71 55 251 142 193 .128 321 153 : 124 136 115 301 154 220 143 144 145 162 126 135 + 4 1.4 1.4 315 143 • + + + 2.6 0.9 1.4 2.5 208 390 292 294 154 129 129 173 2.7 2.5 162 130 9 2 2 3 + 2 + 3 0 + 4 0• - 5v + 3 4.4 3.4 4.6 •4.5 .4.2 6.9 2.4 0.9 1,4 2.5 3.8 112 3.1 85 3.9 120 4.0 88 3.9 88 5.2 •38 + 2 3.6 3.3 + 2 2.4 2.1 + 5 3.1 2.7 . -12 . 2.8 3.0 + .2 2.0 1.9. >12 1.6 1.4 134 153 131 112111 62 121 126165 134 253 138 69 96 219 139 445 .189 + 6 > 6 + 3 + 3 + 2 + 6 1.1 1»1 390 .147 1.0 1.0 381 157 1.2 1.1 495 160 r 1 + 1 9.7. 0.7 383 - 1 -3 T 5 . -4 + 2 + 3 - £ - 2 + 2 - 1 0 •-1 0 + 3 + 2 - 2 6.7 0.5 1.2 1.6 0.3 0.7 0.4 1.3 1.5 0.3 113 570 .132 605 112 494 158 248 130 408 113 G -7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - DECEMBER BASEMENT STORE TOTAL III Department Percentage chainge from corresponding; period Pati<0 of a vear aeo Jstoclks to Stocks Sales during (end of jsaleiSi/ period month) 1 Dec* Deoember Dec.1 Jan.-Dec* Dec. [196011959 Sales1Stocks - 1 0 - 2 1.1 1.1 189 106 Domestics and blankets -6 - 5 - 4 2.2 2.1 137 125 Women1s, misses' ready-to-wear -2 + 1 - 1 0.9 0.9 176 100 - 1 0 - 2 0 - 7 - 2 - 1 - 1 -9 0 3 1 5 1 0 + 1 0 - 3 + + + - 1.1 1.1 1.2 1.2 0.9 0.7 0.7 1.0 0.9 204 If 3/ 92 111 253 270 245 3/ 115 3/ 3/ 84 88 106 112 114 3/ + 1 0 Intimate apparel Hosiery ; Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms Men's and boys' wear Men's wear Men's clothing Men's furnishings Boys1 wear + + + + 1 2 1 4 + + + - 1 - 2 0 + 2 2 7 1 1 2 1 1 3 2 1.1 1.1 1.1 1.2 0.8 0.7 0.7 1.0 0.9 - 2 0.9 0.9 310 120 + - 1 1 5 5 0.9 1.5 0.6 0.9 0.9 1.5 0.7 1.0 307 227 345 298 121 139 101 113 0 2.5 2.3 107 103 Homefumishings - 8 Shoes + 3 0 - 3 2.1 2.2 171 116 NONMERCHANDISE TOTAL + 5 + 1 2/ 2/ 3/ 184 3/ Barber and beauty shop - 1 + 1 3/ 2/ 1/ 130 3/ -4 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. C. 1/ Data not available. Mote:—Based on reports from a group of large department stores located in various cities throughout the country. In 1959, 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 us that for the total.