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G.7.3

BOARD OF GOVERNORS OF THE FEDIJRftL-RESERVE SYSTEM
,
FOR IMMEDIATE RELEASE
June 16, I960.
MONTHLY DEPARTMENT STORE SALES AND STOCi^, BY DEPARTMENTS
UNITED STATES - APRli I960
(Based on retail dollar amounts)

,

.

Summary by Selected Department Groups

Main Store
|
Women's
Main
apparel
store
and
total
3
r
E
M
wear 1 " g s
"
»

Piece
Small Miscelwares laneous

Basement
store
total

H .
1
hold
1 textiles

SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100)
68
92 :
91

88
98
97

76
101
99

72
112
108

64
82
88

87
104
98

63
74
73

Dec.
Jan.
Feb.
Mar.
Apr.

1958
1959
1959
1959
1959

221
94
83
105
102

205
87
82
123
109

308
81
70
91
87

161
103
95
96
109

121
138
65
68
76

299
101
93
101
99

385
74
67
95
84

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

390
70
70'-.
83
103

99

102
108

STOCKS INDEXES (Unadjusted, 1947-49 average of end-•of-month stocks
Feb. 1953
Mar. 1958
Apr. 1953

-

•

65
98
100
193
78
71
103
99
192
77
72
92
118

!

:

11

Feb. 1958
Mar. 1958
Apr. 1958

128
135
135

138
143
141

133
141
147

122
132
132

112
115
114

126
132
138

117
123
124

113
118
120

Dec.
Jan.
Feb.
Mar.
Apr.

1958
1959
1959
1959
1959

123
123
129
138
141

126
128
140
147
148

126
120
130
140
148

120
121
123
136
136

119
111
113
117
117

131
128
130
138

145

109
125
117
123
126

Dec.
Jan.
Feb.
Mar.
Apr.

1959
I960
1O60
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
12)

136
135
135
144
151

112
130
119
129
128

108
108
116
125
125

2.7
2.9
2.4

5.3
5.3
4.2

4.5
4.2
4.6

4.7
4.6
4.8

4.4
4.5
4.3

3.4
3.7
3.1

2.5
2.6
2.2

"

103
104
113
120
125

RATIO OF STOCKS TO SALES
Apr. 1958 J
Apr. 1959
Apr. I960

3.7
3.7
3.4

Figures for departments within groups given on following pages.




G>.3

Page 2

UNITED STATES . APRIL i960

Department

Percentage change from
corresponding period
a year aeo
Stocks
Sales during
(end of
period
month)
Anr.|Jan.-Aor. April

Ratio of Unadjusted
stocks to indexes
sales l/ (1947-49.
av.=1002Z)
Aoril
April
196011959 Sales!Stocks

3.2 3.5

G R I M TOTAL-entire store

+16

+ 4

+ 5

K U N STORE TOTAL

+16

+ 5

+ 6

PIECE GOODS, HOUSEHOLD TEXTILES

- 2

+ 4

+ 4

4.8 4.5

Piece goods
Silks, velvets, synthetics
Woolen yard goods
Cotton yard goods

+ 6
+ 7
+28
+ 4

+
+
+
+

3
4
1
3

+
+
-

2
1
1
2

3.4 3.6

Household, textiles
Linens and towels
Domestics—muslins, sheetings
Blankets, comforters, spreads

- 6
- 1
-10
- 8

+
+
+
+

4
5
2
5

+
+
+
+

6
6
7
3

11
:

79
81
76
85

141
132
169
138

+ 9

+ 4

+ 5

4.3 4.5 108

151

Laces, trimmings, embroideries,
and ribbons
Notions^
Toilet articles, drug sundries

•20
+ 3
+ 7

+ 6
+ 5
+ 3

+ 4
+ 2
+ 4

3.9

3.9
3.9

114
122
127

144
170
147

Silverware and jewelry
Silverware and clocks
Costume Jewelry
Fine jewelry and watches

li

M

+17
+ 2
+27
+15

+
+
+
+

9
8
9
8

+ 7
+ 5
+ 7
+11

5.2
8.1
3.0
9.3

5.7
7.8
3.6
9.6

103
77
123
128

160
167
154
196

Art needlework
Books and stationery
Books and magazines
Stationery

- 6
+13
+ 8
+15

+
+
+
+

4
2
3
2

+
+
+
+

6.3 5.7
4.3 4.6

64
100
112
97

116
157
150
161

SMALL WARES:

3
4
5
4

WOMEN'Sj p P A R E L AND ACCESSORIES

+26

• 5

+31
+21
+30
+82
+68
+12
+14

+ 5
+ 4
- 1
+ 2
+ 5
+4
+ 3

+ 5
+ 5
+ 3
- 8
+ 6
+ 5
+ 1

+ 7
+10
+ 7
+ 3
+38
+46
+42
+104
+31

+ 4
+ 4
+ 3
+ 3
+ 5
+ 7
+ 7
+10
+ 6

+ 4
+ 5
+ 2
+ 2
+ 2
+ 4
+ 7
+ 5
+ 8

148

75

123

69
65
18
%
2.8 3.0 -U5

87
79
60
116

a
4.9

4.7

& 11
:

+ 6

Wonsn's accessories
f.ockwear and scarfs r-ndkerchiefs
Millinery
Women's and children's gloves
Corsets and brassieres
Women's, children's hosiery

118

5.5
5.3

tfnierwear, slips, and negligees
K -it underwear
Silk & ir.'islin underwear, slips
IN'lin-os, robes, loung. apparel
Ir
• year.
Ea'.-»w-. 7P . small leather gcods
Wo.-'t.
and children's shoes
C.ilure.i f s shoes
Women's shoes




137
3.0
2.3
4.0
0.5
2.7
3.1
3.0

1
3

5.0

1.1

4.3
3.3
3.3

3.7
3.9 «
3.7 3.9

2 8 2.8
.
3.5
2 1 2.9
.

26
.
4.0
l'i5

157

130
135
51
160
121
169
86

162
170
69
83
93
202
150

86
111
74
86
136
160

394
127
123
148

8
5.0

t

*

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS

180
130

184

344

163
201

198
206

J

-

G.7.3

•

Page 3

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - APRIL I960

Percentage chainge from
Ratio of
corresponding period
stocks to
a year a EO
i
Stocks sales 1/
Sales during
Cend of
period
April
April
month)
Apr. i Jan.-Apr. Anril I960i1959 Sales IStockr
,

If

Department

.

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

+23
+17
+13
+27
+52
+36
+73

+
+
+
+
+
+

5
1
3
6
9
3
7

+ 7
-2
- 1
- 2
+ 9
+12
+ 7

1.8
1.4
1.4
1.5
1.6
1.2
1,9

2.1
1.7
1.6
2.0
Z.2
1.5
3.1

144
150
86
94
86
92
88
106
168
179
169 : 147
184
190

Women's and misses1 dresses
Inexpensive dresses
Better dresses
Blouses, skirts, Sportswear
Aprons, housedresses, uniforms
Furs

+16
+18
+13
+16
+11
- 2

+
+
+
+
+
.

5
5
4
7
6
4

+10
+10
+10
+ 9
+ 6
+ 9

1.5
1.2
2.0
2.4
1.6
6.0

1.6
1.3
2.0
2.5
1.7
5.4

155
167
145
163
167
71

161
169
163
204
152
121

+32

+ 7

+ 6

4.2

5.3

114

156

+23
+21
+70
+29

+ 7
+ 6
+10
+ 5

+
+
+
+

6
5
5
4

4.6
4.5
3.0
5.3

5.3
5.2
4.8
7.2

125
89
158
141

168
145
147
189

- 4

+ 4

+ 7

4.6

4.2

105

145

MEN'S AND BOYS' WEAR
Men's
Men's
Boys'
Ken's

clothing
furnishings and hats
wear
& boys' shoes, slippers

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

- 5
-10
- 3
- 7
- 5
8

+
+
+
+
.+
-

5
3
5
4.
5 ?
1

+10
+12
+10
+ 3
+ 2
- 2

4.5
2.5
5.2
4.8
4.8
4.7

3.9
2.0
4.6
4.3
4.5
4.4

115
*119
114
83
84
64

148
171
147
110
119
74

Draperies, curtains, upholstery
- 3
Lamps and shades
- 8
China and glassware
JL 7
Major household appliances
0
Housewares (incl. small appliances) - 5
Gift shop
+ 3

+
+
+
+
+
+

2
3
2
6
1
3 "

+ 3
+10
+ 6
+ 9
+ 4
+ 8
f

; 4.6
5.6
8^9
3.0
4.1
6.8

4.3
4.6
7.8
2.7
3.8
6.4

109
81
91
84
125
112

138
150
147
128
165
186

Radios, phonographs, television,
pianos, records, sheetmusic, instr. + 2
Radios, phonographs, television
- 1
Records, sheet music, instr.
+ 8 -

+17
+17
+13

+12
+11:
+ 4

4.5
4.1
5.1

4.1
3-6
5.4

111
97
129

182
179
l6l

+ 2

+ 2

3.1

3.7

103

128

+
+
+
+

+
+
+
-

5.1
5.4
4.9
5.3
0.6

5.8
6.8
5.2
5.1
1.5

89
60
143
79
162

150
131
173
143
124

MISCELLANEOUS MERCHANDISE DEPTS.

+22

Toys, games, sporting goods,>cameras +17
Toys and games
+24
Sporting goods and cameras
+12
Luggage
+1
Candy
+125




3
2
6
2
4

2
2
6
5
3

.
'

G.7,3

.

Page 4

MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued)
UNITED STATES - APRIL i960

Percentage chainge from
corresponding period
a year ai
zo
Stocks
Sales during
(end of
period
month)
Apr,,IJan.-Ayr. Anril

Department

BASEMENT STORE TOTAL
1
'

+19

+ 3

Ratio of Unadjusted
stocks to indexes
sales 1/
%
%
Aoril
Aoril
I96011959 SaleslStocte

0

2.2

2.6

118

125

Domestics and blankets

-18

- 4

+ 1

4.1

3.4

107

177

Women's, misses' reacfy-to-wear

+25

+ 4

+ 1

1.6

2.0

122

120

+ 9
+18
+ 7
446
+19
+10
+64
+36
+ 6

+
+
+
+
+
+
+
+
+

+
+
+
+
+

4
1
5
3
3
6
1
l
9

2.5
2.0
2.7
0.9
1.0
1.7
1.4
2.1
1.7

2.7
2.4
2.7
1.3
1.2
2.0
2.4
2.9
1.7

114

143

1/
2/
102
119
138
176
140

2/
2/
73
112
142
147
136

2/

2/

+23

+ 3

- 2

2.4

3.1

135

144

+12
+10
+13
+67

• + 2
0
+ 4
+ 6

- 2
- 4
0
0

2.7
2.6
2.7
1.7

3.1
3.0
3.1
2.9

124
153
109
178

148
167
135
142

- 4

0

3.5

3.1

90

118

+ 1

2.9

3.9

147

143
2/
2/

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
Men's clothing
Men's furnishings
Boys' wear

^
""
"

3
4
2
6
2 '
5
5
3
4

Homefurnishings

-11

Shoes

+35

+ 5

NONMERCHANDISE TOTAL

* 0

+ 3

+13

+ 3

Barber and beauty shop

"

,

2/

2/

2/

135

2/

- 1/

2/

186

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 1947-491 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.
2/ 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.