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F E D E R A L R E S E R V E FOR IMMEDIATE RELEASE July 18, 1961. MONTHLY /DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MAY 196l (Based on retail dollar amounts) • •i . Summary by Selected Department Groups Main Store Women's Piece goods Main apparel Men's Home Small Misceland and and store furnish- house- wares laneous boys' total ings wear hold textiles Basement store total SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100 ) Mar. 1959 A;>r. 1959 May 1959 105 102 109- 123 109 114 91 87 106 96 109 112 68 76 80 ioi 99 109 95 84 95 103 99 104 Jan. Feb; Mar. Apr. May I960 I960 I960 I960 I960 95 87 101 118 108 89 84 109 137 111 81 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 1X8 98 Jan. 1961 Feb. 1961 Mar.- 1961 A-ur. 1961 May 1961 91 83 114 100 112 85 83 133 108 117 . 77 72 98 89 103 96 93 103 104 114 135 69 76 76 86 101 93 109 101 121 72 70 98 84 97 73 71 110 93 103 1 . STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Mar. 1959 Apr. 1959 May 1959 138. 141 138 147 148 141 140 148 148 136 136 135 . 117 117 116 138 145 141 123 126 129 120 125 121 Jan. Feb. Mar. Apr. •-May I960 I960 I960 I960 I960 133 139 149 148 148 139 152 165 157 154 132 142 154 156 162 129 132 143 145 145 119 120 122 123 120 135 135 144 151 149 130 119 129 128 134 108 116 125 125 127 Jan. Feb. Mar. Apr. May 1961 1961 1961 1961 1961 135 13& 148 150 148 141 150 160 161 154 135 145 156 163 164 130 131 141 141 142 120 120 122 • 121 120 139 139 146 154 151 130 121 127 130 134 106 114 120 126 123 2.6 2.9 2.7 4.4 5.1 5.0 4.1 4.3 4.1 4.3 4.3 4.1 4.1 4.1 3.9 3.5 3.6 3.5 2.4 2.6 2.4 RATIO OF STOCKS TO SALES May 1959 May I960 May 1961 3.4 3.7 3.5 Figures for departments within groups given on following pages. 0.7.3 / MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS Page 2 UNITED STATES - MAY 1961 r Percentage change from corresponding period Ratio- of {Unadjusted Stocks sales 1/ (1947-49,, Sales during (end of Uv.=100 zJ) period 1 Mav month) Mav I Mav 196111960 S ales 1 S tocks Mavt Jan—Mav Department i j i MAIN STORE-TOTAL. PIECE GOODS, HOUSEHOLD TEXTILES: - 2 1 -2 0 .3.5 3.7 112 148 0 0 4.1 4.3 86 120 +r + 1 + 2 - 5 +"5 3.8 3.6 13,5 2.9 3.8 60 3.7 53 14.7 12 "2.7 106 84 74 60 122 4.2 4.8 ;3.7 4.0 4.3 102 4.8 99 4.0 106 4.2 104 138 134 159 131 151 +3 Piece goods Silks, velvets, synthetics Woolen yard-goods . ... Cotton yard goods Household textiles Lmens-and towels' Domestics—muslins, sheetings Blankets, comforters, spreads 3.3 3.5 + 4. + + 1 + 4 . + 4 0 + 2 + 7 - 1 + + + + 3 5 1 4 - 1 - 1 '0 - 2 1 + 3 6 - 1 : + 7 0 + 1 3.9 4.1 121 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries - 4 - 1 + 7 - 6 + 1 + 1 + 1 + 2 4.4 4.2 98 . 140 174 3.7 3.6 128 150 3-4 3.6 142 Silverware and jewelry Silverware and clocks Costume jewelry Pine jewelry and watches +12 +21 + 9 + 7 0 - 7 + 4 - 1 Art needlework " Books and stationery Books and magazines Stationery +a + 3 - 1 SMALL WAHfeS — -3 + 7 +10 o + 5 . - i WOMEN'S APPAREL AND ACCESSORIES '+5 - i Women's accessories .Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres' Women's, children's hosiery + 4 + 3 + 2 + 2 +17 + 6 + 6 - 2 - 4 - 6 0 +10 + 1 + 1 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 0 + 4 4.2 5.5 2.6 7.5 + 1 + 2 J +3 . +1 5.8 4.0 3.6 ,4.2 0 4.7 6.7 2.8 7.7 12} 111 133 149 + 4 1 , 2.8 - 1 + 3 • - 1 . • - 2 . 3-0 + 1 + 2 - 2 3.0 - 3 +10 + 4 1.9 + 5 0 . 3.7 - 3 0 . .2.3 + 3 . - 3 v + 2 - 4 0 5.3 +12 ; - 3 1- ' 6.3 0 - 4 0 5.1 199 112 6.2 70 4.2 107 - I56 149 3.8 108 4.4 1*5 ; 157 2.7 2.8 117 0 3.4 :• -3 2.5 - 4 3.7 .. 3 .1.1 + l 3.6 . +3 3.2 • 2 . 3.0 156 164 144 154 3.6 110 ' 157 166 2.6 125 64 3.9 52 1.2 70; ' 76 88 4.1 84 3.3 170. 213 3.1 86 • 147 3.0 104 3.1 l4l 3.0 88 2.2 .112 3.9 93 2.3 W 5.4 133 6.9 100 5.1 137 139 187 122 H 5 146 162 195 199 194 G.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, 31 DEPARTMENTS (Continued) UNITED STATES - MAY 1961 Department 1 I Percentage chainge from corresponding; period Ratio of Unadjusted a year ago stocks to indexes Stocks sales 1/ (1947-49 , Sales during (end of av.=100 £/) period Mav Mav month) May Sales |5tocks MavlJan.-Mav 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 ^ + 6 +22 +26 +16 + 7 + 8 + 5 + + + + - 1 5 6 2 1 2 5 + + + + + 2 1 2 1 5 3 3 3 3 5 0 +33 0 -12 -12 -15 0 0 - 1 + + + + + 2.1 1.9 1.7 2.0 2.2 .1.6 3.1 2.2 2.6 2.5 2.8 2.4 1.7 3.3. 125 54 52 56 127 134 118 2 i 1.6 1.6 149; 2 1.3 1.3 159 2.1: 2.1 133 3 2 2.4. g.4 168 4 1.6 J L 5 173 0 7.0 9.3 63 149 66 62 64 168 154 180 165 176 157 211 150 119 + 4 - 3 + .1 5.0 5.1 103 164 + 2 + 2 +10 + 2 - 4 2 2 2 + 4 - 1 + 1 0 5.1 4.7 4.6 6.8 5.0 122 4.9 90 5.0 102 6.9 119 179 154 147 187 + 2 - 5 -J* 4.1 4.3 114 142 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum 0 0 + 1 + 2 + 2 -7 - 6 - 7 - 6 - 4 -4 -15 + + 1 4,. 2 4 2 4.0 4.2 126 2.3 2.3 137 4.6 4.8 123 92 4.5xW 4.4 4.7 92 4.1 3.8 60 141 158 138 116 116 75 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 2 + 2 -8 - 3 + 4 + 2 - 3 - 5 - 8 -10 - 3 - 6 + 1 1 1 9 2 5 4.0 5.0 7.9 2.6 3.7 6.2 133 142 144 115 163 195 Radios, phonographs, television, pianos, records, sheetmusic, instr. +14 +16 Radios, phonographs, television + 9 Records, sheet music, instr. + 4 + 6 + 3 + 2 + 2 + 3 0 0 MEN'S AND BOYS' WEAR Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers HOMEFURNISHINGS MISCELLANEOUS MERCHANDISE DEPTS. + 2 Toys, games, sporting goods, cameras .- 1 - 1 Toys and games 0 Sporting goods and cameras Iwggage -2 Candy + 9 + + 3 4 2 8 1 0 — 1 + 1 0 - 1 4.2 5.2 7.3 2.8 3.9 6.0 118 84 100 86 139 123 3.8 4.3 125 3.3 3.8 141 5.4 5.7 131 97 134 89 5A 6.8 52 4.5 149 3.8 115 1.3 105 160 143 174 147 122 3.5 3.5 5,5 6,8 4.6 3.9 1.2 183 194* 187 G.7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - MAY 1961 • • -Department Percentage change from corresponding period 1 year a Stocks Sales during (end of period month) May fJan.-May May eo i L Ratio of {Unadjusted stocks to 1 indexes sales 1/ (1947-49,. Iav.=100 6/ ) Mav Mav 196111960 Bales 1Stocks BASEHENT STORE TOTAL + 5 ' - 2 - 4 2,4 2.6 103 Domestics arid blankets + 5 - 1 - 6 3.1 3.5 91 117 Women's, misses' ready-to-wear + 5 - 2 r 4 1.8 2.0 102 116 + 6 + 8 + 5 +22 + 2 - 1 + 6 V JT 1 + 1 + 2 0 + 6 - 5 - 7 - 3 - 5 - 5 - 3 0 - 4 -11 - 3 - 1 - 4 - 4 - 8 2.3 2.3 2.3 1.3 1.0 1.8 2.2 3.0 1.5 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 Men1s clbthing Men's furnishings „ Boys' wear • 2.5 2.4 2.6 1.9 1.0 1.8 2.5 3.3 1.6 123 116 2/ 137 3/ 3/ 52 54 120 124 127 137 113 . 146 131 92 3/ 3/ ll + 6 0 - 1 3.0 3.2 118 154 + 5 + 6 + 5 +10 0 + 1 - 1 - 1 0 + 1 0 - 3 2.9 2.9 3.0 2.9 3.1 3.1 3.1 3.3 121 144 111 108 159 175 151 143 Homefumishings + 1 - 3 > - 6 .3.? 3.4 91 111 Shoes + 6 - 3 - 3 3.7 4.0 113 133 NONM&RCHANDISE TOTAL + 7 + i 2/ 1/ H 124 3/ Barber and beauty shop + 7 - 1 1/ 165 3/ n 1/ 1/ The ratio of stocksto 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/ The11947-49 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 df Governors of the Federal Reserve System, Washington 25, D. C, uJ Data not available. Note:—Based on reports from a group of large department stores located in various cities throughout the country. In I960, 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. May this year had one more trading day than last.