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IAN OF GCMfiiiNOtiS OF Thh FEDERAL RESERVE SYSTEM 19:3 FOR IMMEDIATE RELEASE JANUARY 17, 195Q. }.7.r 'AKTHENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - NOVEMBER 1957 (Based on r e t a i l dollar amounts) . Summary by Selected- Department Groups Main Store riece Women's Men's goods apparel and Main Home , and Miscelstore and boys' f ur nish- house- wares laneous total acces- wear ings hold sories textiles SALES INDEXES (Unadjusted, 191*7-1*9 average monthly sale's - 100) Sept. 1955 Oct. 1955 Nov. 1955 • • 106 116 131* 111* 119 . 126 95 116 157 111 121* 131 88 92 96 July 1956 Aug. 1956 Sept. 1956 Oct. 1956 Nov. 1956 81 96 108 118 11*0 71* 100 118 • 122 133 72 82 99 111* 163 99 109 109 126 135 July 1957 Aug. 1957 Sept. 1957 Oct. 1957 Nov. 1957 86 102 96 115 135 78 105 115 120 129 77 87 93 115 111* 101* 110 111' 120 133 ; Basement store total 101 111 11*6 85 102 M 80 105 85 93 9? 80 ; 92 100 113 150 83 v 81* . 85. 102 . 199 81 106 83 89 ,81* 95 103 113 11*8 % A 91 92 • 85-: 102 ib 107 ;i6 132 77 98 109 117 135 79 101 101* 113 127 STOCKS INDEXES (Unadjusted, 191*7-1*9 average of end-of-month stocks - 100) Sept.1955 Oct. 1955 Nov. 1955 " • 127 138 11*3 12*0 11*9 153 11*2 156 1S0 113 120 122 109 115 117 119 137 155 127 163 172 119 126 135 150 15k 122 138 11*7 162 161* 121 135 152 172 171* 120 117 122 131 131 110 108 113 121 121 117 119 126 11*7 165 111* ; 119 136 178 185 ' 132 11*5 158 168 170 128 11*1 162 178 181 123 120 125 135 135 115 110 118 123 122 121* 121* 132 151* 172 121 121* 11*8 W 192 2.6 2.7 2.8 3*3 3.5 3.9 3.2 3.3 M 3.7 ' 3*7 ' 3.9 3.3 3.5 3.6 July 1956 Aug. 1956 Sept, 1956 Oct. 1956 Nov. 1956 • July 1957 Aug. 1957 Sept.1957 Oct. 1957 Nov. 1957 126 131 •* 11*2; - • 156 • 159 • 119 128 132 101* 110 120 : z. 133 136 ; 107 111 125 133 137 RATIO OF STOCKS TO SALES Nov. 1955 Nov. 1956 Nov. 1957 2.9 3.1 3*2 2.3 ' 2.5 2.6 Figures for departments within groups given on following pages. 2.1 2.1 2.2 - • Page 2 G.7.3 MONTHLY• DEPARTMENT STORE SAI£S AND STOCKS, BY DEPARTMENTS UNITED STATES - NOVEMBER - Percentage change from corresponding period a year ago Sales during Stocks (end of period month) Nov# | Jan. -Nov. Nov, Department GRAND TOTAL-etitire store 0 -3 +3 Ratio of Unadjusted stocks t o indexes sales y (19U7-U9, av.=1002/) November November 195711956 SalesjStocks 3.0 2.9 — — MAIN STORE TOTAL' -3 0 + 3 3.2 3.1 135 159 PIECE GOODS, HOUSEHOLD' TEXTILES - r - 1 + 1 3.9 3.7 95 122 Piece goods S i l k s , velvets, synthetics Woolen yard goods Cotton yard goods -6 -5 0 - 9 -U - k - 2 - 5 + - 1 1 6 2 3.5 3.a 2.6 a.6 3.a 3.2 2.a a.3 68 6a 99 58 85 79 86 100 Household t e x t i l e s Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads - 2 - 2 0 0 + l 0 + i + + + 1 3 3 6 3.9 3.9 a.7 3.3 3.8 3.6 a.s 3.2 na 12a 82 iai ia2 13a 157 ia6 - 1 + i + 4 3.6 3.5 ias 172 Laces, trimmings, embroideries, and ribbons Notions ^ Toilet a r t i c l e s , drug sundries . - 8 - 1 0 - i 0 + 2 + 6 +5 +5 a.a 3.9 3.9 3.7 a.2 a.o 96 118 139 13a 165 176 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches - 1 -5 + 2 - 1 - 2 3 1 3 + l + l - a +10 a.2 5.a 2.8 6.5 a.i 5.1 3.1 5.9 ia3 127 ia9 165 173 180 170 175 + * + * 1 3 h 3 +1 + 6 + h + 6 3.5 3.6 2.6 2.a 2.7 2.5 2.5 2.a 119 212 172 229 120 200 17a 205 -3 + 1 • 3 2.8 129 170 -5 -11 -10 -12 -11 *$ -5 0 - 1 - 2 -5 -k * h -a + + + + + • 3.3 3.0 2.6 2.2 3.6 3.3 1.1 0.9 3.3 2.9 3.5 3.a 2.9 2.8 130 157 92 93 153 135 96 . 171 222 112 93 127 178 159 -7 -5 - 9 - 8 -5 - 2 0 -U + 1 - 2 0 - a - 2 + 1 + 2 +3 +1 + 3 +1 +6 0 + 2 + a + a • 5 + 9 3.1 3.a 3.3 2.5 2.6 2.7 5.3 5.2 5.3 126 156 102 ia? 163 150 122 116 123 178 235 150 182 171 201 l?a 16a 169 SMALL WARES Art needlework Books and stationery Books and magazines Stationery ___ - WOMEN'S APPAREL AND ACCESSORIES Women's accessories Neckwear and s c a r f s Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery Underwear, s l i p s , and negligees Knit underwear Silk & muslin underwear, s l i p s Negligees, robes, loung. apparel I n f a n t s ' wear Handbags, small leather goods Women's and children's shoes ^.Children's shoes """" Women's shoes 1 2 3 1 k 6 1 8 a 6 0 •5 2.7 2.9 3.1 3.0 2.3 2.a 2.6 5.1 a.7 5.2 G.7.3 Page 3 MONTHLT DEPARTMENT STORE.SAIES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - NOVEMBER • Department Percentage charige from corresponding period Ratio of a year ag»o stocks t o Stocks sales 1/ Sales during (end of period month) November Nov.-| Jan.-Nov. Noverate1 195711956 Unadjusted indexes (191*7-1*2, avw*\QQ& November Sales|Stocks WOiEN'S APPAREL, ACCESSORIES (Cent.) ft omen's apparel Women's, misses' ctiats & s u i t s Women's, misses'coats Women's, misses' s u i t s Juniors 1 and g i r l s ' wear Juniors' coats, s u i t s , dresses G i r l s ' wear - 1 - 2 + 1 -10 + 1 + U - 2 Viomen's and misses 1 dresses Inexpensive dresses Better .dresses Blouses, s k i r t s , sportswear Aprons, housedresses, uniforms Furs * 0 + 1 0 - 3 + 1 - 1 MEN'S AND BOYS* WEAR" Men's Men's Boys' Men's clothing furnishings and hats wear it boys' shoes^ slippers HOMEFURNISHINGS Furniture and bedding Mattresses, springs, studio beds Upholstered, other f u r n i t u r e Domestic floor coverings Rugs and carpets Linoleum - 8 3 1 1 1 + It + 3 + h 2.3 1.9 1.7 2.9 2.1 1.9 2.2 + 1 +2 - 1 + 1* + 3 +5 + + + + + + 3 2.1 2.1 3 1.7 1.6 1* 2.7 2.6 2 2.7 2.6 6 V2.5 2.1* 1 3.6 3.5 - 1 2.3 129 1.9 113 . 1.7 135 2.6 " 51 2.0 157 2.0 123 2.1 198 167 135 157 86 192 166 211* 99 101 99 159 100 152 11*3 11*1* 11*7 223 137 11*0 + u 3.9 3 . 5 111* 181 0 - 9 - 3 - 9 .> + 1 - 1* +3 + + + + U.6 3.1* 3.U 5.7 137 157 160 lli3 183 185 L6& L81 - 1 -1 + 2 3.14. 3.3 133 135 0 + 1* 0 -1 0 -3 0 0 + 1 -1 0 0 • 2 -u + u + 1 - 1 - 8 3.1* 2.0 3.6 3.3 3.0 1*.5 11*0 130 11*6 125 131 56 130 139 126 113 115 70 - 3 - 2 + 1 -1* 0 , •1.. +3 + 1 + k., -5 0 + 3 3.3 3.2 \ n * i 2.9 2.8 : 11*2 5.5 5 . 1 155 2.6 2.6 72 3.8 3.7 131 h.l 3.8 210 131 139 152 91* 157 211 • Radios, phonographs, television, pianos, records, sheetmusic, i n s t r . + 7 Radios, phonographs, television * 8 Records, sheet music, i n s t r . +3 1* 2 6 6 U.3 3.1 3.0 5.2 3.3 2.1 3.5 3.2 3.1 i*.8 1 — 1* Toys, games, sporting goods, cameras - 6 Toys and games - 9 Sporting goods and cameras + 1* Luggage - 3 Candy -3 + + + - - $ Draperies, curtains, upholstery !• - 1 Lamps and shades " -u China and glassware -5 "Major household appliances - 6 Housewares ( i n c l . small appliances) - 3 Gi ft shop -5 MISCELLANEOUS MERCHANDISE DEPTS. ; + 2 - 3 -3 - 3 +3 >3 +U - + 5 + 3 > 8 ' +11* 2.k +12 2.0 +17 . 3 . 2 2.3 2.0 2.8 185 201* 209 ik 178 177 . > 2 ' • 1* 2.6 2.5 183 192 + 1 - 3 +8 - 1 + 2 + U * 3 + 8 0 +1U 2.8 2.5 U.o 1*.5 1.6 2.6 2.2 3.9 1*«1* 1.3 269 306 196 111* 11*2 21*1* 287 192 171 191* MONTHLY: DEPARTMENT Sl'GtiE SALES AND STOCKS, EC DEPARTMENTS (Continued) UNITED STATES - NOVEMBER Department Percentage chailge from corresponding period a year agso-. Stocks Sales during (end of period month) Nov.|Jan.-Nov. Nov. Ratio of Unadjusted stocks t o indexes sales 1/ (19U7-U9, av.=100fZ November November 1957(1956 Sales|Stocks -5 - 1 + 1 2.2 2.1 127 137 Domestics and blankets - k - 2 - 2 2.8 2.8 118 136 % omen's, misses' ready-to-wear -5 - 1^ +1 1.9 1.8 119 137 - 5 — 8 -5 - 1 - 3 - h -5 - 9 - 3 - 1 - u 0 - 3 - 1 + 2 + 1 - 1 - k - 1 - 1 0 + 2 + 3 + 2 + 3 + li - 3 2.U 2.2 2.5 l.U 1.5 2.0 1.8 2.1 2.3 2.3 . 122 2.1 3/ 2.U 3/ l.U 95 l.U 78 1.9 156 1.7 175 1.8 171 2.3 3/ lUk y i/ 97 109 180 17 U 165 3/ 0 + 5 2.U 2.1 168 170 2.U 2.1 2.5 2.3 2.3 2.0 2.3 2.0 166 160 168 173 170 167 172 166 BASfcMENT STORE TOTAL Intimate apparel Hosiery Underwear, corsets & brassieres Coats and s u i t s Dresses Blouses, s k i r t s , and sportswear G i r l s ' wear Infants'* wear Aprons, housedresses, uniforms Men's and boys' wear Men's wear Men's clothing Men's furnishings . Boys' wear Homefurnishings - 8 , - 7 - k - 9 -11 0 + 1 -1 +1 + + + + - 2 - 3 -U 2.3 2.3 129 112 3.6 129 5 7 5 3 Shoes - 7 - 1 0 3.U Ilk NONMERCHANDISE TOTAL -3 +3 3/ 3/ 2/ 1U9 3/ Barber and beauty shop + 1 + 1 31 3/ 3/ 111 3/ 1/ The r a t i o of stocks t o sales i s obtained by dividing stocks a t 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 i n terms of sales f o r that month. 2/ The 19U7-U9 average of monthly sales and end-of-month stocks f o r each department i s used as the base i n computing sales and stocks indexes, respectively, f o r that department. For description of s e r i e s , see pages llU6-i;9 of the November 1953 Federal Reserve Bulletin. A brochure containing back data f o r the departs mental series f o r the period 191*0-1952, inclusive, may be obtained from the Division of Administrative Services, Board of Governors of the Federal Reserve System, Washington 2$, D. C. . 3/JDat£ not available. Note:—Based on reports frcm a group of large department stores located in various c i t i e s throughout the country. In 1956, sales and stocks a t these stores accounted f o r almost 50 per cent of estimated t o t a l department store sales and stocks. Not a l l stores report data f o r a l l of the departments shown; consequently, the sample f o r the individual departments i s not so comprehensive as • t h a t for the t o t a l .