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/gkmssitzj.- ' ** ) 1 HOARD OF GCWEKNC&S OF THE FEDERAL BESEEMS SYSTEM 0.7.3 1 FOR IMMEDIATE REIEASE JUL! 18, 1957. , . | MCSiHTY tePARDIENT SICkE SAI£S AND STOCKS, BY DEPARTMBiTS " UNITED STATES - MAX 1957 (Based on retail dollar amounts) Summary by Selected Department Groups ?iv'; : Main Store Piece Main Women's Men's goods store apparel Home and and Small and total beys' furnish- house- wares accesings hold wear sories textiles SALES INDEXES (Unadjusted, 1947-49 average monthly sales « 100) Mar. 1955 Apr. 1955 May 1955 Miscellaneous Basement store total 98 100 99 107 110 101 83 95 93 101 97 104 78 75 86 89 93 98 81 89 87 101 107 104 Jan. Feb. Mar. Apr. May 1956 1956 1956 1956 1956 87 82 106 - 94 107 80 180 121 96 109 73 68 95 79 97 100 97 99 105 115 134 72 75 79 69 90 90 98 93 108 61 66 97 77 94 76 74 108 94 108 Jan. Feb. Mar. Apr. May 1957 1957 1957 1957 1957 91 82 97 10U 108 84 81 105 120 111 78 67 77 98 98 101 96 105 96 116 139 71 77 73 89 95 90 92 97 110 65 67 81 94 99 81 73 94 111 107 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks -100) Mar. 1955 Apr. 1955 May 1955 122 122 121 131 128 122 127 130 133 116 119 118 107 109 106 117. 122 120 111 • 110 114 116 116 115 Jan. Feb. Mar. Apr. May 1956 1956 1956 1956 1956 116 122 130 133 130 121 133 138 138 131 114 125 134 142 143 Hit 117 130 131 129 109 111 Hit 115 112 116 119 124' 130 128 in 109 115 118 121 104 115 119 122 118 Jan. Feb. Mar. Apr. May 1957 1957 1957 1957 1957 121 126 138 139 136 125 134 11*8 114 139 121 132 115 149 152 120 122 133 136 135 111 114 118 119 116 123 123 132 138 134 118 112 124 123 126 104' 112 122 122 121 2.6 2.6 2.7 4.6 4.7 > 5.0 3.9 3.8 4.0 3.7 3.8 3.9 3.9 3.7 3.9 3.3 3.2 3.3 2.2 2.2 2.3- - . RATIO OF STOCKS TO SAIES May May May 1955 1956 1957 3.3 3.3 3.5 Figures for departments within groups given pn f allowing pages* G.7.3 Page 2 MONTHLY D&PAid&fcENT' STORE SALES AND STOCKS, BY DEBARMENTS UNITED SIAlaS - MAY Department Percentage change from corresponding period Ratio of Unadjusted a year ago indexes stocks to Stocks sales 1/ (1947-49 o f Sales during av.=100 if (end of period month) May May (Jan.-Mayl May 1957f19f?6 Sales i Stocks C a l D TGflAL-entire store fAI STORE TOTAL + 1 + 1 * + 1 • 5 3.3 3.1 — — 3.5 3.3 108 136 3-9 3.8 89 116 + 1 *5 0 0 + 3 3 1 5 4 -» It ~4 - 1 -5 0 0 - 2 + 1 3,6 3.5 3.8 3.6 1 2 . 0 13.it 2.6 2.5 66 86 55 7it lit 66 119 119 PIECE GOODS, HOUSEHOLD TEXTII£S Piece goods Silk3, velvets, synthetics Rr.olen yard goods Cotton yard goods - Household textiles Lipens and towels Domestics-—muslins, sheetings Blankets, comforters, spreads + 4 0 + 2 + + + + 2 3 1 3 It + 5 + 3 + 6 it.0 3 . 9 4 . 5 it.5 3 . 5 3-it 3.9 3.7 lOit 132 9U 118 110 157 111 132 110 SMALL WARES + 1 + 1 + 5 3.9 3.7 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries + 2 + 3 + 2 + 1 + 1 + 2 + 7 + it ••5 3.9 3.2 3.1t 110 135 3.5 3 . 1 . 136 155 3.3 126 130 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches - - 2 + 2 - 4 -7 + It > it + 6 0 it.6 6.5 2,8 7.3 it.lt 6.3 2.5 7.2 10it 92 lilt 123 liiO 159 129 160 Art needlework Books and stationery Books and magazines Stationeiy 0 -+ 5 + l + 5 + + + + + + + • 6.1 3.9 3.5 it.2 5.9 3.9 3.3 it.2 65 96 92 96 108 134 120 137 T t t E ' APPAREL AND ACCESSORIES rCiNS + l + 2 + 6 2.7 2.6 111 139 ^omen's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery 0 + 3 - 2 - 9 - 8 + 4 - 5 + 2 + 4 + 1 0 - 1 + 5 - 4 .+ 6 • 7 •- 1 +16 + 9 . +10 + 3 3.3 2.3 3.6 1.2 4.6 3.0 2.8 3.1 2.2 3.6 0.9 3.9 2.9 2.6 106 lit3 128 161 56 66 72 83 71 92 155 179 8it 131 Underwear, slips, and negligees Knit underwear Silk & muslin underwear, slips Negligees, robes, loung. apparel Infante1 wear Handbags, small leather goods Women's and chj 1 dron*a nhooti Children's shoes Women'a shoes - 2 + 2 - u - 3 - 1 + 3 - 3 - 1 + 4 + 3 + 3 + 3 + It 2.7 3.0 2.8 2.1 3.6 2.3 5.0 6.3. it. 8 • 2.6 2.9 2.6 1.9 3 .it 2.2 4.8 5.5 km6 3 1 3 8 ••3 4 1 — 6 + 3 2 u u 4 + • + + : + + > + + 2 6 8 5 it 5 3 5 7 9 6 7 6 106 132 96 107 94 12it 126 89 132 134 131 168 118 109. 138 litit 172 17k 172 G„7.3 Page 3 MONTHIX DEPARTMENT STORE SALES AMD STOCKS, BX DEPARTMENTS (Continued) UNITED STATES - MAX Department Percentage chaxige from corresponding period t a year a f° Stocks Sales during (end of period month) May | Jan.-May May. Unadjusted indexes (l947-492/ av.=100 % May May 195711956 Salesjbtocks Ratio of stocks to sales 1/ WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats & suits Women's, misses' coats Women's, misses' suits Juniors1 and girls1 wear Juniors' coats, suits, dresses Girls' wear + 3 - 7 -11 + 1 + 2 + 3+ 1 + 3 0 0 + 1 + 5 + 4 + 6 + 6 + 5 + 9 + 1 + 9 + 8 +10 2.1 2.5 2.5 2.5 2.2 1.6 3.1 2.0 2.3 2.0 2.5 2.1 1.5 2.8 115 U9 45 58 112 117 105 133 78 73 82 145 232 155 Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs + 1 + 1 + 1 + 9 + 4 +16 + 1 + 2 - 2 + 6 + 2 +14 + + + + + + 5 5 6 7 1 8 1.5 1.1 1.9 2.4 1.4 7.9 1.U 1.1 1.8 2.5 1.U 8.6 1U3 1U9 130 151 175 %5 141 143 137 188 132 95 0 + 1 + 7 5.0 U.7 98 152 3 1 2 2 + + + + + + + 8 4 8 6 5.0 4.8 4.8 6.3 U.7 117 87 U.6 89 U.U 6 . 1 114 167 148 129 163 + 4 4.0 3.8 MEN'S AND BCKS' WEAR Men's clothing Men's furnishings and hats Boys' wear Men's & boys' shoes, slippers HOfiEFURNISHINGS + + + 1 1 1 3 3 - 1 115 135 138 150 132 119 126 77 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum + + + - 3 1 5 l 0 + 4 + 1 0 + 2 0 + 1 0 + 1 - 4 + 1 + u + 5 + 7 3*8 2.0 4.2 U.8 U.8 3.3 3 . 9 132 2 . 1 137 U.U 126 90 U.5 92 U.7 78 3.2 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (ind. small appliances) Gift shop -3 0 + 8 -7 - 1 + 4 - 3 0 + 3 - 9 - 1 + 1 + + + • + + 5 4 3 5 7 5 4.1 4.5 7.1 2.4 3:5 5.7 3.8 U.3 7.3 2.1 3.2 5.6 132 119 129 87 108 139 118 93 142 . 155 Ill 159 Radios, phonographs, television, pianos, records, sheetmusic, instr* + 8 + 6 Radios, phonographs, television + 8 Records, sheet music, instr. + 6 + 2 +13 +12 + 9 +16 U.0 3.3 4.9 3.6 3.3 U.6 97 100 112 + 6 + 3 + 4 3.3 3.3r 99 126 + 4 0 + 7 - 1 + 3 + + + + + 5.4 6.U U.6 3.U 1.3 5.3 6.0 U.7 3.5 1.2 85 57 130 127 89 145 140 147 139 107 MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras + Toys and games + Sporting goods and cameras + Luggage Candy 2 1 6 6 0 3 4 4 2 8 130 136 137 G.7.3 ' Page 1 * MCKTHET DEPARTMENT STORE SAI£S AND STOCKS, BI DEPAE3MENTS (Continued) UNITED STATES - MAY Percentage change from corresponding period Ratio of stocks to a year ago [Stocks sales Sales during 1 |(end of period May i month) May | Jan.-Meyj May 195711956 1 Unadjusted indexes (191*7-1*9 2 / av.-lOO ^ May 1 I Department ' BASB6ENT STORE TOTAL - 1 + 1 2.2 107 121 - 1 3.1 3.0 100 121* + 5 1.8 1.7 106 116 2.2 2.3 2.2 1.9 0.9 1.7 2.2 2,8 1.1* 2.1 2.0 2.1 1.5 0.9 1.7 1.9 2.6 l.l* 117 3/ V 15 138 11*6 111* 97 3/ 133 3/ iz 59 117 123 11*1 131 2/ + 3 2.7 2.7 120 11*2 * + + • 2.7 2.7 2.6 2.6 2,7 2.7 3.0 2.9 11*6 126 1U8 • 151* H*1 113 102 131* - 2 2.9 106 117 3.6 3.5 112 128 • 3 Domestics and blankets - 1 - 1 Women's, misses* ready-to-wear - 1 • 1 - 2 -5 0 —16 + 2 • 8 + 1 - 2 - 2 0 -3 + 2 0 + 2 + 6 • 6 + 3 rk • 5 + 2 + 6 + 3 + 2 * 5 + 6 + 7 -3 Men's and boys' wear + 3 * 1 * lien *8 we ar Men's clothing Men18 furnishings Boys* wear + U • 1 * *3 0 + • + + i * 5 3 7 - U, -3 Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls* wear Infants* wear Aprons, housedresses, uniforms Homeftirnishti^s 3 3 3 1 * 2.3 Shoes - 2 • 2 + 1 NOHMBKCHANDISB TOTAL *6 • 1 * 3/ 2/ • l 2/ 3/ Barber and beauty shop 0 2.7 2/ 117 2/ y 153 2/ 1/ l"he ratio of stocks -to sales is obtained by dividing stocks at the end of the month by sales during the mdnth and hence indicates the number of months' supply on hand at the end of themonth in terms 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 caapriting sales and stocks indexes, respectively, for that department. For description of series, see pages 111*64*9 of the November 1953 Federal Reserve Bulletin* A brochure containing back data fpr the departmental series far the period 191*0-1952, inclusive, may be obtained from the Division of Administrative Services# ~ Board of Governors of the Federal Reserve System, Washington D, C. 3/ Data not available. N o t e B a s e d <m reports from a group of large department stares located in various sities throughout the country. In 1956, sales and stocks at these stores ac-x counted for almost 50 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*