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T

0.7.3

n

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
"
FOR EMEDIATE* RELEASE
June 15, 1961.

MONTHLY/DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS
UNITED STATES - APRIL 1561
(Based on retail dollar amounts)

.

Summary by Selected Department Groups

Main Store
Women's
apparel
Main
and
store
accestotal
sories

Men's
Home
and
furnishboys'
ings
wear

Piece goods
Small, Misceland
house- wares laneous
hold
textiles

Basement
store
total

SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100)
Feb. 1959
Mar. 1959
Apr. 1959

}

83
105
102

82
123
109

70
91
87

95
96
109

65
68
76

93
101
99

71
67 95 / . 103
84
99

Dec.
Jan.
Feb.
Mar.
Apr.

1959
I960
I960
I960
I960

228
95
87
101
118

211
89
84
109
137

311
81
73
82
114

171
104
104
108
105

122
139
70
76
75

317
103
99
102
108

390
70
70
83
103 '

192
77
72
92
118

Dec.
Jan.
Feb.
Mar.
Apr.

I960
1961
1961
1961
1961

225
91
83
114
100

209
65
83
133
108

315
77
72
98
89

162
96
93
103
104

119
135
69
76
76

315
101
93
109
101

383
72
70
98
84 • :

189
73
71
110
93

STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-mdnth stocks = 100)
Feb. 1959
Mar. 1959
Apr. 1959

129
138
141

140
147
148

130
140
148

123
136
136

113
117
117

130
138
145

117
123
126

113
120
125

Dec.
Jan.
Feb.
Mar.
Apr.

1959
I960
I960
I960
I960

132
133
139
149
148

137
139
152
165
157

137
132
142
154
156

128
129
132
143
145

125
119
120
122
123

136
135
135
144
151

112
130
119
129
128

108
108
116,
125
125

Dec.
Jan.
Feb.
Mar.
Apr.

I960
1961
1961
1961
1961

136
135
138
148
150

141
141
150
160
161

143
135
145
156
163

130
130
131
141
141

127
120
120
122
121

144
139
139
146 V
154

H3
130
121
127
130

106
106
114
120
126

2.9
2.4
3-1

5.3
4.2
5.7

4.2
4.6
4.5

4.6
4.8
4.7

4.5
4.3
4.7

3-7
3.1!
3.7

2.6
2.2
2.8

RATIO OF STOCKS TO SALES
Apr. 1959
Apr. I960
Apr. 1961

3.7
3.4
4.0

Figures for.departments within groups given on following pages.




)

Page 2

G.7.3

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS
UNITED STATES - APRIL 1961

Department

Percentage change from 1
corresponding period Ratio of
a year a.O
J
stocks to
Stocks bales 1/
bales during
(end o l
i
month H April
kpr.'iJan.-Abr. April" H96111960

GRAND TGTAL-entire store

-15

- 3

+ 1

-i5-

- 3

+ 1

4.0 3.3

PIECE GOODS, HOUSEHOLD TEXTILES

+ 1-

- 1

- 1

- 3
- 8
-18
- 6

0
+ 1
+ 7
- 1

+
+
+

1
3
4
3

+3
+12
* 5

-

+
-

2
1
6
3

- 6

- 2

-18
- 9
- 5

Silverware.and jewelry
Silverware and clocks
Costume jewelry
Fine jewelry and watches

- 7
- 2
- 9

Art needlework
Books and stationery
Books and magazines
Stationery

_

3.7 3.1

MAIN STORE TOTAL

-

Unadjusted
indexes
(1947-49 .
av.-100i/)
April
Sales 1Stocks

Piece goods
Silks, velvets, synthetics
Woolen yard goods
^ Cotton yard goods
Household textiles
Linens and towels
Domestics—muslins, sheetings
Blankets, comforters, spreads
SMALL WARES
Laces, trimmings, embroideries,
and ribbons
Notions
Toilet articles, drug sundries

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




100

150

4.7 4.8

76

121

3-7
3.6
8.5
3.0

3,4
3-2
7.3
2.7

63
60
15
108

88
81
57
119

5.1
5.6
4.6
4.9

5.5
5.8
5.4
5.3

84
84
84
90

138
133
159
134

+ 2

4.7 4.3

101

154

- 7
- 4
0

+ 2
+ 1
+ 3

4.9 3.9
4.2 3.8
4.1 3.7

93
111
120

147
172
152

- 3

- 4
. -14
+ 3
- 5

+ 2
+ 2
+ 1
0

5.7
8.5
3.3
10.2

5.2
8.1
3.0
9.3

95
75
112
118

163
171
156
196

+15
-9
-2
-14.,

+
-

5.5
4.7
3.7
5.4

6.3
4.2
3-5
4.6

73
91
110
83

115
159
156
163

+7

2
2
1
4

2
2
2
3

+
+
+

1
2
4
1

-21

- 3

3.1 2.3

108

161

-24
•21
-25
-45
-28 .
.8
-10

- 3 . + 2 . 4.0 3.0
+ 2
3.0 2.3
- 5
5.1 4.0
- 9
- 3
+ 4
0
1.0 0.5
+ 9
0
3.7 2.7
+ 5
0
3.4 3.0
+ 3
- 1
3.4 3.0

99
106
38
88
87
155
78

165
174
67
86
94
212
155

.77
101
65
82
95
113
125
90
137

145
194
129
124
153
176
202
204
206

.10
• 9
.12
- 5
•30
30
31
50
26

- 3.
- 3.
- 3
+ 2
. - 5
- 5
-6
- 6
- 6

+ 3

+ 1
0
1
1
4
5
1
3
0

+
+
+
+
+
+

4.1
4.1
4.2
2.9
3.8
3.0
5.8
7.3
5.5

3.6
3.8
3.7
2.7
2.6
2.0
4.0
3.5
4.1

0.7.3

Page 3
MOKTHLT DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STAGES - APRIL 1961

Department

Percentage change from
Unadjusted
corresponding period Ratio of
indexes
a year ago
stocks to
sales 1/
Sales during Stocks
av.=100 2/)
(end of
period
month) April
April
Apr.|Jan.-Apr. April 1961|I960 Salesjstocks

(I9k7-k9 /x

WCMEN'S APPAREL, ACCESSORIES (Corrb.)
- 2
+ 3
+ U
0
- 3
0
- 7

+ u
- 8
- 7
-10
+ U
+ 5
+
3

1 . 8 117
81
l.U
8U
1.U
1.8
80
1.5
2.5 - 1.6 118
1.7 > 1.2 127
3,5
1.9 106

156
79
80
80
17U
15U
190

-15
-16
-12
-15
-17
+10

-

+
+
+
+
+
+

1.8
1.5
2.3
2.9
2.1
5.6

1.5
1,2
2.0
2.1*
1.6
5.9

132
lUl
128
138
136
78 '

171
185
168
217
159
125

-22

- U

+ 1*

5.7

lt.2

89

163

-19
-15
-39
-20

^b.
- 3

+
+
+
+

8
2
U
1

6.0
5.U
5.1
7.2

U.5
k.5
3.0
5.7

102
75
96
113

181
1U8
153
192

'

- 1

- 6

- 2

1.5

I4.6

10U

lUl

Furniture and bedding
Mattresses, springs, studio beds
Upholstered, other furniture
Domestic floor coverings
Rugs and carpets
Linoleum

+ 1
* 6
0
+ U
+ U
-10

- 8
- 9
- 7
- 6.
- 6
-18

- 5
-10
- 3
- 3
- 7
- 5

1*2
2.2
5.0
U.U
U.6
U.9

U.5
2.6
5.1
U.7
5.1
U.7

117
127
115
86
87
57

lUl
155
lU3
107
111
70

Draperies, curtains, upholstery
Lamps and shades
China and glassware
Major household appliances
Housewares (incl. small appliances)
Gift shop

- 3
+ 6
- 2
-11
- 6
- 8

- U
- 7
- 8
-11
- 6
- 9

-

2
U
2
6
1
5

U.5
5.0
8.8
3.1
U.U
7.7

U.5
5.5
8.8
3.0
U.l
6.7

106
85
90
7U
117
103

135
1UU
lU5
120
16U
195

Radios, phonographs, television,
pianos, records, sheetmusic, instr. + 1 5
+18
Radios, phonographs, television
Records, sheet music, instr.
+11

+ 2
U+
* 2

0.
0
- 1

3.8
3.3
U.9

U.U
3.9
5.5

128
115
1U3

181
178
160

- 1

+ 1

3.7

3.0

8U

130

- u
- 5
- 3
+12
0

0
+ 1
0
+ 1
+ 7

6.0
7.0
5.3
5.5
1.3

5.0
5.3
U.8
5.2
0.6

75
U5
130
76
8U

151
132
172
1UU
13Z

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
MEN'S AND BOYS1 WEAR
Men's
Men's
Boys'
Men's

clothing
furnishings and hats
wear
& beys' shoes, slippers

HCM5FURNISHINGS

MISCELLANEOUS MERCHANDISE SEPTS.

-19
-lU
- 9

-2k
-bh

:-3U
-2U

-18 '

Tcys, games, sporting goods, cameras - 1 6
Toys and games
-2U
Sporting goods and cameras
- 9
Luggage
- U
Candy
-U8




3
3
3
3
6
0

- 5

- U

6
9
3
6
5
U

+

2.3
1.5

1.H

1

G.7.3

Page 4

!
.

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - APRIL 1961

Department

percentage change from
corresponding period Ratio of (Unadjusted
a year ago
stocks to indexes
sales U (1947-49 ,
(av.=100 2/)
April
April.
[Apr. 1J an.-Apr J April (196% 11960 |Sml em | Stocks

BASEMENT STORE TOTAL

-21

- 3

0

93

126

Domestics and blankets

+10

- 2

- 6

3.5 4.1 118

166

Women's, misses' ready-to-wear

-25

-4

+1

2.2 1.6

-11
-11
-11
-28
-25
-19
-43
-35
-21

+
+
-

0
+ 4
- 1

2.8 2.5
2.4 2.0
3.0 2.7
1.1 0.9
90
1.3 0.9
1.7 111
1.4 101
3.2 2.1
2.1 1.7 3^

Intimate apparel
Hosiery
Underwear, corsets & brassieres
Coats and suits
Dresses
Blouses, skirts, and sportswear
Girls' wear
Infants' wear
Aprons, housedresses, uniforms

1
1
2
3
7
9
5
7
7

-12

+
+
+
+
-

6
9
4
1
4

2.8 2.2

3

h

cI
91

121

119
155

Men's and boys' wear

-20

- 2

+ 6

3.2 2.4 107

153

Men's wear
Men's clothing
Men's furnishings
Boys' wear

-12
-11
-12
-43

- 2
0
- 3
- 3

+ 6
+ 6

3.2

2.7 109

158
178
146
150

+9

+ 5

3.1 2.6

3.4 2.7 X 96
3.1 1.7 102

3.3 3.5

Homefurnishings

+ 2,

- 4

- 5

Shoes

-29

- 5

0

NONMERCHANDISE TOTAL

- 7

0

3/

3 / 3 / 1 2 6

3/

Barber and beauty shop

-12

- 3

3/

3/

3/

4.2

3.0

3/

91

112

104

143

163

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 months1
supply on hand at the end cf the month in terms of sales for that month.
2/ The 1947-49 average of monthly sales and end-of-mcnth 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 pertbd 1940-1952, inclusive, may be obtained
from the Division of Administrative Services, Board of Governors-of the
Federal Reserve System, Washington 25, D. C.
1
2/ Data not available.
Note:—Based on reports froma 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 department* is not so
comprehensive as that for the total.
April this year had one less trading day than last*





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102