The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
0.7.3 BOARD CF GOVERNORS OP THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE July 15, I960. MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS - UNITED STATES - MAY i960 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store BassPr.ece Worsen *s a*s gods Small 1 Misoel- store Hoco Main apparel and and wares ! lanecus total store and coys1 furnish- housetotal ings wear hold , 1textiles : i SALES INB.3XES (Unadjusted, 1947-49 average monthly sales = .100) Mar. 1953 Apr. 1958 May 1958 101 99 106 112 108 109 82 88 97 104 98 112 74 73 84 93 97 111 92 91 102 93 100 103 Jan. Feb. Mar. Apr. May 1959 1959 1959 1959 1959 94 83 105 102 109 87 82 123 109 114 81 70 91 87 106 103 95 96 109 112 138 65 68 76 80 101 93 101 99 109 74 67 95 84 95 78 71 103 99 104 Jan. Feb. Mar. Apr. May i960 I960 I960 I960 I960 95 . 87 101 138 108 89 84 109 137 111 &L 73 82 114 100 104 104 108 105 113 139 70 76 75 83 . 103 99 102 108 113 70 70 83 103 95 77 72 92 118 98 STOCKS INDEX]3S (Unadjusted, 1947-49 average of end-of-month stocks = 100) Mar. 1958 Apr. 1958 May 1958 135 135 132 143 141 134 141 147 147 132 132 130 115 114 112 132/138 135 123 124 127 118 120 117 1959 1959 1959 1959 19§9 123 129 138 141 138 128 140 147 148 141 120 130 140 148 148 121 123 f 136 136 135 111 113 117 117 116 128 130 138 145 141 125 117 123 126 129 104 113 120 125 121 Jan. I960 Feb. I960 Mar. i960 Apr* I960 May I960 133 139 149 148 148 139 152 165 157 154 132 129 142 . 132 154 " - 143 156 145 162 145 119 120 122 123 120 135 135 144 151 149 130 119 129 128 134 108 116 125 125 127 2.6 2.6 2.9 4.8 4.4 5.1 4.0 4.3 4.3 3.8 4.1 4.1 3.2 3.5 3.6 2.3 2.4 2.6 Jan. Feb. Mar. Apr, May . RATIO OF STOCKS TO SALES May 1958 May 1959 May I960 3.4 3.4 3.7 3.9 4.1 4.3 Figures for departments within groups given on following pages# G.7.3 Page 2 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MAY i960 GRAND TOTAL-dntire store MAIN STORE TOTAL PIECE GOODS, HOUSEHOLD TEXTILES - 1 - 1 3.5 3.2 — — + 3 + 8 3.7 3.4 108 148 4.3 4.2 83 120 + 3 + 4 + 4 2 1 1 4 + + + + 3 3 1 3 0 0 - 2 0 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads + + + + 4 6 3 2 + + + + 45 2 4 + + + + Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches Art needlework Books and stationery Books and magazines Stationery WOMEN'S APPAREL AND ACCESSORIES Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery 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 ^ & + 7 + + Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries May May 196011959 Sales1Stocks + 3 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods SMALL WARES Ratio of stocks to sales l/ pit Department Percentage change from corresponding period a vear ago Stocks Sales during (end of period month) *a:/| Jan.-M&y May 6 6 9 3 3.8 3.8 15.3 2.8 3.9 3.8 15.6 2.9 59 51 11 107 33 73 63 116 4.4 4.9 4.0 4.2 4.3 4.9 3.8 4.2 99 94 105 100 139 129 170 132 + 4 + 4 + 5 4.1 4.0 113 149 + 2 + 2 + 4 + 5 + 4 + 3 + 6 + 5 + 5 4.2 4.1 3.6 3.6 3.6 3.6 102 130 133 139 171 147 + + + - + 3 6 2 4 + + + + 7 7 7 7 + + + + 6 4 7 7 4.7 6.7 2.8 7.6 4.6 6.8 2.7 7.4 110 92 123 139 155 166 143 191 + + + + 6 4 6 3 + + + + 4 3 3 2 + + + + 3 6 9 5 6.1 4.2 3.8 4.4 6.3 4.1 3.7 4.3 65 100 99 99 111 154 144 155 - 2 + 3 + 9 2.9 2.6 111 154 2 4 2 3 2 1 0 + + + + + + 3 2 2 1 4 3 3 + 8 +12 + 5 - 5 + 7 + 7 + 2 3.6 2.5 4.0 1.2 4.2 3.3 3.1 3.3 2.2 3.7 1.2 3.9 3.1 3.1 105 121 51 68 72 161 81 157 170 67 78 87 206 144 - 3 0 - 5 - 4 - 6 - 1 - 2 - 9 - 1 + + + + + + + + + 2 3 1 1 3 5 5 6 5 + 8 + 9 + 5 +13 + 6 +10 + 9 + 8 + 9 3.0 3.2 3.1 2.2 3.9 2.4 5.4 6.9 5.2 2.7 2.9 2.8 1.9 3.5 2.1 4.9 5.8 4.7 100 137 86 102 89 133 130 90 137 140 191 121 118 146 162 195 197 195 + - G.7.3 Page 3 MONTHLY DEPARTMENT STORE'SALES* AND STOCKS, BY DEPARTMENTS (Continued) . UNITED STATES - MAY I960 Department \ Percentage change from correspond^S period Ratio of Unadjusted stocks to indexes a year aeo Stocks sales 1/ (1947-49. Sales during avr=1002/) (end of period month) MasMay Sales 1 Stocks 196011959 MayJJan.-May May WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats & suits Women's, misses' coats Women's, misses* suits Juniors1 and girls' wear Juniors' coats, suits, dresses Girls' wear - 2 +3 + 7 +2 +11 + 4 + 1 - 5 .3 + 5 .2 + 6 .5 +5 +11 - 6 - 9 - 3 +14 +17 +12 Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs -3 + 3 - 3 + 3 - 1 + 3 - 3 + it- 6 + 2 + 1 - 4 a ' +12 +13 +10 +12 - 6 + 4 +10 - 6 -6 - 5 - 4 + + + + +11 + 9 +10 + 6 MEN'S AND BOYS' WEAR Men's clothing lien's furnishings and hats Boys' wear Men's & boys' shoes, slippers 3 3 7 3 1:1 2.0 118 45 41 48 149 76 71 75 124 112 153 181 2.1 1.9 14* 155 130 161 173 153 1.5 1.3 9.4 8.5 174 47 145 119 5.1 4.4 100 162 5.0 4.9 5.1 7.0 119; 172 88 155 93 146 3.0 2.6 3.1 2.8 2.9 2.4 2.0 1.7 1.4 3.3 2.8 1,6 1.4 1.3 1.1 119 168 2.5 2.1 160 206 4.2 4.2 4.4 6.4 116 186 + 1 +4 + 8 4.3 4.1 113 145 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum - 2 0 . 2 0 - 1 ,11 +3 + 3 + 4 +3 +4 - 3 +12 4.2 2.1 4.9 4.7 4.? 3.7 126 136 122 90 9n 65 *148 156 144 118 121 74 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl# small appliances) Gift shop +1 + 2 + 3 + 3 +13 + 4 - 6 + 3 - 1 +1 +.4 + 3 115 83 109 135 144 145 134 166 110 179 120 182 HCMEFTJRNISHIRGS Radios, phonographs, television, . pianos, records, sheetmusic, instr.. +12 Radios, phonographs, television +12 Records, sheet music, instr• +14 MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy + 1 + 8 +12 + 4 + 2 + 2 + 4 + 7 + 4 n + 7 +16 +16 +14 +10 + 2 + 4 + 3 + 3 0 - 1 + 6 + 6 +2 +2 +2 +4 + + + + + 3 1 4 7 5 1:9 4.3 t:l 3.3 4.2 4.1 5.2 5.1 7.9 1:1 I:? lio 5.9 4.4 4.5 3.9 4.0 5.9 5.9 3.6 3.5 ?! 55 11 2-J 88 120 121 126 186 190 95 W 89 160 53 149 117 97 145 173 147 124 G.7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - MAY I960 A Department Percentage ch;mge from correspondingI period a year IRO Stocks Sales during (end of period month) May Wan .-May May Ratio of Unadjusted stocks to indexes sales l/ (1947-49, av.=100±/) May Mav 1960)1959 jSales (Stocks BASEMENT STORE TOTAL - 5 + 1 + 5 2.6 2.4 98 Domestics and blankets - 3 - 4 + 3 3.5 3.3 87 125 Women's, misses' ready-to-wear - 4 + 2 + 6 2.0 1.8 97 121 + 6 0 8 2 7 5 6 5 8 2.5 2.4 2.6 1.9 1.1 1.8 2.5 3.3 1.6 2.3 2.5 2.2 2.3 0.9 1.7 2.2 2.9 1.3 109 2/ 2/ 44 122 138 106 86 2/ 141 2/ 2/ 59 123 128 152 136 2/ Intimate apparel HosieryUnderwear, corsets & brassieres Coats and.suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, unifortns - 4- + 1 + 4 + 3 - 6 0 +19 + 7 0 - 5 + 2 - 4 + 3 - 5 - 8 0 0 -10 + + + + + + 127 Men's and boys' wear -10 + 6 3.2 2.7 112 156 Men's wear Men's clothing Men's furnishings Boys' wear -10 -12 - 8 -10 -1 - 3 +1 + 3 + + + + 3.1 3.1 3.1 3.4 2,6 2.6 2.7 2.8 116 135 106 98 160 173 152 148 90 118 107 136 Homefurnishings — 0 6 5 6 8 - 1 - 3 + 1 3.4 3.3 Shoes - 6 + 3 + 4 4.0 3.6 NOHMERCHANDISE TOTAL - 1 + 2 2/ 2/ Barber and beauty shop - 7 + 1 2/ 2/ 2/ 116 2/ 2/ 154 2/ l/ 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. l/ Data not available. Note:—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 as that for the total, ,
@FedFRASER