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JULZU956 : B1ABD OF GOVERNORS OF THE FEDERAL RESfihVE SYSTBI FOE B M E I E A m July 20, 1956 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MAI 1956 (Based on retail dollar amounts) Summary By Selected Department Groups • Mail* Store Piece BaseWomen's Home goods apparel Men's ment Main , and furnish- and and Small Miscel- store store boys1 ings total wares laneous total scries hold . _ textiles SAIES INDEXES (Unadjusted; 19U7-U? average monthly sales - 100/ 89 99 93 Mar. 195k Apr. 195k May 195k . 97 Ilk _ 97 7k 95 82 92 87 95 79 ' 7k 8k ; 82 92 95 71 86 93 95 110 96 Jan. Feb. Mar. Apr. May 1955 1955 1955 1955 1955 86 76 98 100 99 80 7k 107 130 101 7k 65 83 95 93 95 88 101. 97 10k 132 68 78 75 96 85 81 89 93 98 " 58 65 61 89 87 78 69 . 101 107 10k Jan. Feb. Mar. Apr; May 1956 1956 1956 1956 1956 87 82 106 9k 107 80 80 121 98 109 73 68 95 7? 97 100 97 99 1M5 115 13k 72 75 79 89 90 90 93 93 *• 108 61 66 97 77 9k 76 7k 108 9k 108 STOCKS INDEXES (Unadjusted, 19k7-k9 average of end-of-month stocks - 100) Mar. 1951 Apr. 195k May 195k Jan. Feb. Mar. Apr. May 1955 1955 1955 1955 1955 . Jan. Feb. Mar. Apr. May 1956: 1956 1956 1956 1956 121 121 119 131 125 120 129 131 13 U 117 120 118 10k 107 10k no 121 131 128 122 105 115 127 130 133 103 106 116 119 118 103 105 107 109 106 116 122 130 133 130 121.' 133 138 138 131 Ilk 125 13k lk2 lk3 Ilk 117 130 131 129 3.6 3.3 3.3 2.7 2.6 2.6 5.3 k.6 k.7 k.k 3.9 3.8 * 106 112 122 122 121 ' , 107 106 108 117 115 Ilk .107 109 117 122 120 103 100 in 110 Ilk 98 107 116 116 115 109 111 Ilk 115 112 116 119 12k 130 128 in 109 115 118 121 10k 115 119 122 118 3.8 3.7 3.8 3.9 3.9 3.7 3.2 3.3 3.2 2.k 2.2 2.2 U5. 118 116 RATIO OF STOCKS TO SALES May May May 195k 1955 1956 •, Figures for departments within groups given on following pages# Page 2 • ^ G.7.3 MONTHLY DEPARTMENT STORE SAIES AND STOCKS, BSC DEPARTMENTS UNITED STATES - MAY 1956 Department i 1 Percentage chailge frcm corresp ending :° period tiatio of Unadjusted a year at stocks to indexes Stocks sales ^ (1947-49 , Sales during (end of av.»100£/) period month) May May Jan.-May hay SalesLStocks 1 GRAND TOTAL-enfcire store + 7 + 7 3.1 3.1 — — MAIN STOKE TOTAL • .8 + 4 + 7 3.3 3.3 107 130 PIECE GOODS, HOUSEHOLD TEXTILES + 3 + 2 + 6 3.8 3.7 89 112 Piece goods Silks, velvets, synthetics ttoolen yard goods Cotton yard goods + - 2 1 3 4 - 2 + 1 0 - 4 - 1 - 1 -11 + 2 3.5 3.8 13 .U 2.5 68 3.5 3.8 55 14.8 15 2.3 125 86 74 68 117 Household textiles Linens and towels Domestics—muslins , sheetings Blankets, comforters, spreads + • + + 6 6 8 4 + + + + 5 4 6 3 + 9 + 6 +15 + 9 3.9 3.8 102 91 4.5 4.5 3.4 3.2 110 3.7 3.6 109 126 113 152 125 SMALL BARES +11 + 7 + 7 3.7 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries • 6 • 5 +16 + 2 + 4 +11 + 3 + 7 +10 3.5 3.6 108 3.2 3.1 132 3.3 3.5 124 127 148 124 Silverware and jewelry Silverware and clocks Costume jewelry Fine jeweliy and watches + 6 + 6 + 8 +17 + 6 + 7 + 3 +15 + + • + 6 9 3 5 4.4 4.4 107 6.3 6.1 93 2.5 2.6 117 7.2 7.8 133 136 153 121 160 Art needlework Books and stationery Books and magazines Stationeiy + 5 +13 +19 +11 + 1 + 7 +13 + 5 + + + l 6 U 6 5.9 6.3 3.9 4.2 3.3 3.8 4.2 4.4 106 127 111 131 + 8 + 3 + 7 2.6 2.6 109 131 women's accessories Neckwear and scarfs Handkerchiefs Millinery Women'sand children's gloves Corsets and brassieres women's, children's hosieiy + 8 + 6 • 9 +19 +17 + 7 + 5 + + + • + • + 6 + 9 - 2 - 6 +1 • 6 0 3.1 2,3 <3.6 r 0.9 5.9 2.9 2.6 3.1 107 2.2 125 4.0 57 1.2 80 4.5 77 2.9 149 2.7 88 135 151 67 72 84 162 127 Underwear, slips, and negligees Knit underwear Silk muslin underwear, slips Negligees, robes, loung. apparel Infants' wear Handbags, small leather goods Women's aid children's shoes Children's shoes Women's shoes + 5 + 6 + 4 +11 • 6 +10 + 9 + 9 + 9 0 + 7 + 1 f 8 0 + 7 + 3 * 4 + k + 2 + U + 5 +11 + 1* + 1 . +11 + 5 +11 2.6 2.9 2.6 1.9 3.U 2.2 li.8 5.5 U.6 2.6 2.9 2.5 2.0 3.5 2.3 Il.7 5.5 U.5 126 160 114 103 129 132 163 162 162 fcOitEN'S APPAREL AMD ACCESSORIES 3 3 1 4 5 5 0 3.9 108 65 92 91 92 108 : 129 100 110 93 121 12li 95 128 128 . Page 3 0:7.3 MONTHLY DEPARTMENT STORE SALES AND SiOCKS, EI DEPARTMENTS (Continued) UNITED STATES - MAY 1956 1 I Department Percentage change from corresponding period: Ratio of Unadjusted Stocks to indexes a year ago sales 1/ (1947-49 av.=1002/) May May May | Jan.-May j May 155611955 WOMEN'S APPAREL, ACCESSORIES (Cont.) Wcmen1s apparel women's, misses' coats & suits Women's, misses' coats women's, misses' suits Juniors' and girls' wear Juniors' coats, suits, dresses Girls' wear + 7 +14 +22 + 2 +10 +12 + 3 ' * + + + + + Yjcmen's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, unifoxms Furs | + 5 + 6 + 6 + 6 + 6 +30 + + + + + + MEN'S AND BOYS' "WEAR Ken's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers 3 1 5 5 5 ti 3 * 7 - u - 2 - 6 + 9 +10 + 7 2.0 2,3 2.0 2.S 2. L 1.5 2.8 3 4 4 4 3 3 + 7 + 8 + 8 +12 + 3 + 9 1.U 1.4 1.1 1.1 1.8 1.8 2.U 2.3 l.U 1.4 8.6 10.3 2.0 111 . 125 74 53 2.7 67 2.6 51 81 58 2.7 133 2.2 109 123 1.6 113 141 2.9 104 141 148 128 139 168 38 134 136 129 177 131 68 + 4 + 1 + 7 U.7 4.6 97 143 + + + + + + + + 9 + 7 + U +13 U.7 4.6 U.6 4.5 U.U 4.4 6.1 5.8 114 88 91 112 154 142 120 154 6 4 3 7 2 1 1 6 +10 + 6 + 9 3.8 115 129 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum + 6 + 4 + 8 + 8 + 8 +21 * 6 + 4 + 7 + 6 + 6 +12 +15 +13 +15 + 9 +11 +28 3.9 3.6 128 2.1 1.9 136 U.U 4.2 120 91 U.5 4.6 91 U.7 4.8 3.5 3.3 75 137 155 130 115 120 72 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 5 + 7 + 6 + 7 + 7 . + k + 6 +14 + 7 +14 +13 + 9 + 6 + 5 + 2 +10 + 8 +10 3.8 W 7.3 2.1 3.2 5.6 3.8 122 884.5 7.7 100 2.3 100 3.4 142 5.8 107 126 124 134 112 144 151 + 8, + > +18 +13 +11 +11 ,, 3.6 3.3 k»6 90 3.7 94 3.3 5.1; 104 117 125 118 + 8 + U ' + 6 3.2 3.3 94 121 + 6 + 3 + 9 + 9 +14 + 3 + 2 + 8 +11 + 8 +11 + 8 +14 + 7 + 5 5.3 5.1 6.0 5.7 U.6 4.5 3.5 3.6 1.2 1.3 83 57 122 120 90 14L 135 142 137 99 HCMEFURKISHINGS Radios, phonographs, television, pianos, records, sheetmusic, instr. +14 + 9 Radios, phonographs, television +25 Records, sheet music, instr, MISCELLANEOUS MERCHANDISE EEPTS. Toys, games, sporting goods> cameras Toys and games Sporting goods and cameras Luggage Candy 3.9 G-.7.3 Paget. MONTHLY DEPARTl&NT S1CRB SAL&S AND STOCKS, Bi* DEPAkmNTb (Continued) ^ UNITED STATES - MAX 1956 Percentage change from corresponding period a ysar ago Stocks Sales' during (end of period month May May |Jan.-May Department 0 *'k BkShrlENT S1CRE TOTAL + 3 Ratio of Unadjusted stocks to iude;;es sales 1/ (19U7-L9., av.=lC0 £/) Jiay May 195611955 Sa3.es [Stocks 2.2 2.2 108 118 Domestics and blankets + 3 + 3 + j 3.0 2.9 101 125 Women's, misses' ready-to-wear + 5 0 + 2 1.7 1.7 107 111 1 1 1 2 1 2 1 21 + + + + + + + - 3 2 2 9 5 7 U 3 1 2.1 2.0 ,2.1 1.5 0.9 1.7 1.9 2.6 l.li 2.1 2.1 2.1 2.0 0.9 1.7 2.0 2.6 1.5 119 3/ 3/ 53 136 135 113 98 '3/ 127 2.7 2.7 Intimate apparel Hosiery Underwear, corsets St brassieres Coats and suits Cresses Blouses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms Men's and boys' wear + + + + + + 3 - 1 + 5 117 139 k 5 3 1 0 0 0 - 3 + 6 2.6 2.6 121 2.6 2.5 141 +13 + 1 . 2.t 2.7 110 + h 3.0 2.8 102 1U2 150 138 129 + 3 + 2 + k 2.7 2.7 111 120 3.5 ,11k 126 + + + - Men's wear Men's clothing Men's furnishings Boys' wear Homefurnishings + 5 + 5 + 5 +17 + 3 + 6 + 8 + 1 + 8 * V, $ 58 115 116 130 123 3/ Shoes + 5 + 1 + 3 3.5 NOWERCHANDISE TOTAL +11 + 7 3/ 3/ 3/ 111 3/ Barber and beauty shop + 9 + h 3/ 3/ 2/ 153 3/ 1/ 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 19it7-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, D. C. 3/ Data not available. Notes—Based on reports from a group of large department stores located in various cities 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 all of the departments shown; consequently; the sample for the individual departments is not so comprehensive as that for the totals