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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE January 22, 1957 "G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - November 1956 (Based on retail dollar amounts) Summary. By Selected Department. Groups Main Store Piece Women's goods Small Miscel- ment Main apparel Men's Home store furnish- and and and wares laneous store total boys1 ings housetotal sories wear hold textiles SALES INDEXES (Unadjusted, 1947-49 average monthly sales=100) Sept. 1951* Oct, 195b Nov. 19 5U 100 109 127 July Aug. Sept. Oct. Nov. 1955 1955 1955 1955 1955 78 93 106 116 13U July Aug. Sept. Oct. Nov. 1956 1956 1956 1956 1956 81 98 108 118 140 109 112 120 91 109 148 101 113 123 84 89 . 9l* 71 Ilk 119 126 74 77 95 116 157 97 107 111 12k 131 71 104 88 92 .96 75 86 101 . Ill 11*6 71 100 118 122 133 72 82 99 111* 163 99 109 109 126 135 80 105 85 93 99 80 92 100 113 15b 91 . 96 105 137 1 78 95 17? 101* 110 128 76 81 93 79 85. 107 116 102 184 132 83 84 85 102 190 77 98 109 117 135 STOCKS INDEXES (Unadjusted, 191*7-1*9 average of end-•of-month stocks»lQ0) Sept. 19 5U Oct. 1951* Nov. 19 5U ' 123 132 135 13ii 140 112 138 11*9 152 110 115 115 106 110 . Ill 114 131 146 126 158 165 118 121* 126 July Aug. Sept. Oct. Nov. 1955 1955 1955 1955 1955 110 117 127 138 11*3 113 128 140 11*9 153 111 125 142 156 160 109 1D7 113 120 122 104 102 109 115 117 109 111 119 137 155 106 110 127 163 172 101 108 119 128 132 July Aug. Sept. Oct, Nov. 1956 1956 1956 1956 1956 .119 126 135 150 151* 122 138 117 162 164 121 135 152 172 174 120 117 122 131: 131 110 108 113 121 121 117 119 126 11*7 165 11h 119 136 178 185 101* 110 120 133 136 2.6 2.6 2.7 3.1* 3.3 3.5 3.3 3.2 3.1* 3,6 3.7 3.7 3.1* 3.3 3.5 2.1* 2.3 2.5 2.0 2.1 2.1 RATIO OF STOCKS TO SALES Nov, 1951 Nov. 1955 Nov, 1956 3.0 2.9 3.1 Figures for departments within groups given on following pages. Page 2 G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, EE DEPARTMENTS UNITED STATES - NOVfiMBER 1956 Department Percentage change from corresponding period a year ago 1 Stocks Sales during (end of .period month) Nov. | Jan.-No-elNoV. Ratio of Unadjusted stocks to indexes sales 1/ (19U7-U2. av.-100c/ November November 1 ^ 6 1 1 ^ 5 Sales IStocks GRAND TGTAL-entire store + U .+ h + 7 2.9 2.8 — — MAIN STORE, TOTAL • U + h + 7 3.1 2.9 1U0 15U PIECE GOODS, HOUSEHOLD TEXTILES + 3 + 2 + U 3.7 3.7 99 121 0 + l + 3 - 3 - 1 + 1 • 3 -3 0 + 2 - 5 -1 3.U 3.2 U.3 3.U 3.2 2.6 U.2 72 68 99 '6U 86 81 82 103 • + + + + + + + + + + + 5 3 6 6 3.8 3.6 U.8 3.2 3.7 117 3.6 129 8U U.8 3.1 1U1 1U1 130 163 137 Pie^e goods Silks, velvets, synthetics Itlvolen yard goods Cotton yard goods Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, sp reads U 3 6 3 U 3 5 3 2.U + 3 • 5 + 7 3.5 3.3 1550 165 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries + 5 + U + 5 • U • U + 8 + 6 + 6 + 9 3.9 3.7 U.O 3.6 10U 3.7 119 3.8 139 126 157 167 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches -3 - 2 - U - 2 + • + + 3 5 l 5 + + + + 5 5 U 2 U.l 5.1 3.1 5.9 3.8 U.8 2.8 5.U 1UU 13U 1U6 167 172 178 177 160 Art needlework Books and stationery Books and magazines Stationery , + + + + + + + + 2 6 8 U 2 + 8 + 8 + 7 3.6 . 2.U 2.5 2.U 3.6 i a 2.U 216 2.5 176 2.3 232 118 189 167 193 SMALL WARES 2 6 7 6 J kCM&N'S APPAREL AND ACCESSORIES + 5 + 7 2.7 2.6 133 16U Women's accessaries . Neckwear and scarfs Handkerchiefs Millinery Women's and childrenrs gloves Corsets and brassieres Women's, children's hoisery • + + + • + 5 U l 3 2 6 0 • U * 5 + 1 + 7 >5 • 5 0 + + + + + 6 7 2 1 8 5 5 3.0 3.0 136 2.2 2.1 176 3.3 3.U 102 0.9 0.9 105 2.9 2.7 173 3.5 3.5' 129 2.8 - 2.6 101 165 210 111 86 122 167 158 * + * + + + * + + U 5 3 U 8 6 6 6 6 + + • • + + + + + + + + + + + + + + U 3, 2.9 3.1 3.0 2.3 2.U 2.6 ; 5.1 U.7 5.2 Underwear, slips, and negligees •Knit underwear Silk & muslin underwear, slips Negligees, robes, lounge apparel Infants' wear Handbags, small leather goods Women's and children's shoes Children's shoes Women's shoes + V l 2 o 2 u u 5 3 6 5 5 6 8 7 7 7 2.9 3.2' 3.0 2.2 2.5 2.5 5.0 U.6 5.1 135 - 176 222 16U 111 150 160 179 165 372 19U 153 122 165 121 169 122 162 G.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - NOVEMBER 1 9 # Department Percentage change from Unadjusted corresponding period Ratio of indexes stocks to a year ago (191*7-1*9 Stocks sales y av.slOO y Sales during (end of period November month) November Nov. WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats & suits Women's, misses' coats Women's, misses' suits Juniors' and girls' near. Juniors' coats, suits, dresses Girls' wear Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Purs MEN'S AND BOYS' WEAR Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers HOMEFUHNISHINGS Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets . Linoleum Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + + .+ + + + + 5 3 1 9 7 6 8 + It + 7 0 + 9 + 3 + 2 2.3 1.9 1.8 2.6 2.1 2.0 2.2 2.2 129 1.8 215 1.6 13U 2.7 57 2.0 355 1.9 118 2.1 201 + It + 7 + 8 + 7 +16 + 2 2.1 1.6 2.6 2.6 2.U 3.5 2.0 98 1.6 100 2.1t 99 2.5 16U 2.5 99 3.3 I51t + 6 + It + 6 + 2 + 6 + 5 163 13lt 156 86 186 161 205 139 lltO na 219 129 139 + It + 2 + 9 3.5 3.3 + 2 + 2 + 3 +10 + 8 + 7 +11 It.3 lt.O iWt 3.1 2.9 173 3.0 2.9 176 5.2 lt.9 Ht9 175 181 158//170^ + 8< 3.1t 3.2 135 131 + + + + + 7 1 7 $ 7 3.3 2.1 3.1t 3.1 3.0 lt.2 UtO +10 3.3 2.1 3.5 3.2 3.1 lt.8 + 2 • It + 5 0 + 3 + 6 + 7 + 7 + It + 8 +10 +10 3.2 2.8 5.1 2.6 3.8 3.8 2.9 2.7 5.2 2 .It 3.3 3.6 + 8 + It +18 ' +12 f 9 +2; 2.3 2.2 172 + 3 + 7 + 9 * 9 +10 + 8 + 5 .+ 6 • 3 + 5 0 + 6 + 3 + 6 - 7 - 3 + 2 _•'* - 1 0 + 6 + 3 Toys, games, sporting goods, cameras + 3 + 1 Toys and games Sporting goods and cameras + 9 Luggage .+ 2 Candy +11 +10 + 9 +11 +•7 +11 + 8 . +12 + 2 + 5 + 5 Radios, phonographs, television, pianos, records, sheetmusic, instr. +10 Radios, phonographs, television + 3 +22 Records, sheet music, instr* MISCELLANEOUS MERCHANDISE DEFTS. + 5 + 3 + 5 0 + 6 • 8 <5 + 5 + It •+ + + + + 5 3 7 5 5 + 6 • . + + + + 3 1 7 7 8 163 17lt 127 Ut5 121 112 127 115 131 58.f, 77 125 U16 Ut2 Ht7 162 77 135 220 127 138 Ht6 99 357 205 2.0 1.9 189 203 133 159 151 2.5 2.3 190 185 2.6 2.2 3.9 it.u 1.3 2.1t 2.0 3.8 lt.2 l.lt 23lt 279 177 170 170 2.8 2.8 285 335 189 118 Ht6 G.7.3 Page h MONTHLY DEPARTMENT:STORE SALES AND STOCKS, B, DEPARTMENTS (Continued) UNITED S M L S - NGVEMBER 1956 Department Percentage charige from corresponding period Ratio of Unadjusted stocks to indexes a year aizo ' Stocks sales 1/ (19U7-U9 Sales during (end of av.=1002/ period month) November November Nov.1Jan.~Nov. Nov, 195611955 Sales|Stocks 136 BASEMENT STORE TOTAL t 2 + 2 + 3 2.1 2.1 135 Domestics and blankets + 2 + 3 + 2 2.8, 2.8 123 139 Women s, misses ready-to-wear + 3 + 2 + 2 1.8 1.8 125 136 Intimate apparel Hosiery Underwear, corsets & brassieres Coats/and suits Dresses Blouses, skirts, and sportswear Girls* wear Infants1 wear Aprons, hovsedresses, uniforms Menrs and boys' wear + 1 0 + 2 - 1 + 1 +10 t 2 • 5 - 2 1 1 1 1 2 6 2 1 1 2 + 2 - 3 + 2 - 2 - 2 +10 + 8 0 - 1 + k 128 > 5 + + + + + + + • + 1U5 2/ 3/ 95 106 176 169 159 3/ 162 + + + + + + + + 2 1 2 2 + + + + 1 r Men* s wear Men*s clothing Menrs furnishings Boys1 wear 5 6 5 U h k' I 6 ' 2.3 2.1 2.U 1.U 1.U 1.9 1.7 1.8 2.1i 2.1 2.2 2.1 2.3 1.1* 1.9 1.5 1.9 2.3 2.1 2.1 2.3 2.0 2.0 1.9 1.9 2,3 168 185 193 162 157 16U 161 l.U 2.1 f 96 81 163 185 187 3/ 183 179 Homefuraisnings - 7 0 + 1 2.3 2.1 132 116 Shoes + 3 + 2 + h 3.1* 3.3 12U 129 NONMERCHANDISE TOTAL + 3 + 6 3/ 3/ 3/ 15U 3/ Barber and beauty shop + 3 + 3 3/ 3/ 3/ 110. 3 - 1f The ratio of stocks to sales is obtained by-dividing stocks at the end of,ne month by sales during the month and hence indicates the number of months' supply on hand at the end of the month in terns 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 11U6-U9 of the November 1953 Federal Reserve Bulletin. A brochure containing back data for the"departmental series for the period 191*0-1952, inclusive, may be obtained from the Division of Administrative Services, Board of Governors of the Federal Reserve System, Washington 25, B.C. 3/ Data not available. Based on reports from a group of large department stores located in various titles 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. Not all stores report data for i l of the departments shown; consequently, the sample for the individual, departments is not so comprehensive as that for the total.