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' G.7.3 C BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE March 18, I960. MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JANUARY I960 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Piece Women's Men's goods Main Home apparel and and store furnishand boys' housetotal ings wear hold series textiles -• Basement Small Miscel- store laneous total SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) Nov. Dec. Jan. 1957 1957 1958 135 206 91 129 191 84 151 282 76 133 149 99 93 116 137 Sept. Oct. Nov. Dec. Jan. 1958 1958 . 1958 1958 1959 110 120 130 221 94 118 125 124 205 87 95 117 145 308 81 115 127 131 161 103 . 84 90 88 121 138 Sept. Oct. Nov. Dec. Jan. 1959 1959 1959 1959 I960 114 126 139 228 95 125 133 133 211 89 101 124 156 311 81 118 134 139 171 104 85 92 92 122 139 148 282 98 . » ' 183 362 71 127 179 78 108 117 ^ 142 299 101 89 106 170 385 74 106 115 121 193 78 110 124 152 317 103 83 , 108 105 117 180 : 127 192 390 70/ 77 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Nov. Dec. Jan. 1957 19 57 1958 159 124 122 170 125 126 181 131 124 135 122 121 122 118 110 172 128 124 192 111 123 137 103 . 104 Sept. Oct. Nov. Dec. Jan. 1958 1958 1958 1958 1959 141 154 158 123 123 157 167 170 126 128 158 173 176 126 120 123 , 115 I . 121 132 122 133 120 119 121 111 134 156 174 131 128 147 189 196 109 125 124 134 136 103 . 104 Sept. Oct. Nov. Dec. Jan. 1959 1959 1959 1959 I960 150 162 166 132 133 172 178 182 137 139 165 . 181 187 137-' 132 131 138 140 128 129 122 125 124 125 119 141 162 179 136 135 •149 188 194 112 130 132 . 138 141 108 108 3.2 3.1 3.4 5.3 4.8 5.2 4.1 3.9 4.2 2.4 2.4 2.6 4.0 4.0 4.2 4.2 4.9 4.8 2.8 2.8 2.9 RATIO OF STOCKS TO SALES Jan. Jan. Jan. 1958 1959 1960 3.7 3.6 3.8 Figures for departments within groups given on following pages. G.7.3 Page 2 t MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS " UNITED STATES - JANUARY I960 Department Percentage change from corresponding period Ratio of a year ago stocks to Stocks sales 1/ Sales during (end of period • month) January January January I960119*59 + 1 GRAND TOTAL-entire store + 7 \ 3.6 3.4 Unadjusted indexes (1947-49. av.=1002/) January Sales1Stocks —— —— MAIN STORE TOTAL + 1 + 8 3.8 • 3.6 95 133 PIECE GOODS, HOUSEHOLD TEXTILES' + 1 + 7 2.6 2.4 139 119 4.6 4.6 3.7 4.5 4.2 4.3 3.3 4.3 56 51 60 66 91 84 77 118 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods - 4 - 2 - 6 .4 + + + .+ Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads + 2 + 4 0 + 4 + 8 + 9 +11 + 5 2.1 2.0 198 2.6 2.5 168 1.5 1.3 255 2.6 2.6 173 132 118 151 139. 4.2 SMALL WARES 4 6 7 2 + 2 + 5 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries + 6 + 4 0 .4-4 + 4 + 5 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches + + + + Art needlework Books and stationery Books and magazines Stationery - 4 - 1 0 - 2" WOMEN'S APPAREL AND ACCESSORIES Women's accessories Neckwear and scarfs Handkerchiefs 1 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 • 6 3 9 1 + + + + 6 6 8 4 ' + + + + 4 7 8 6 +2 - + 8 0 - 1 - 5 _2 - 2 + 2. - 2 + + + + + + + 1 P + 3 - 1 - 1 + 4 + 1 + 1 + 1 4.0 103 135 5.6 5.7 4.1 4.1 3.6 3.4 63 99 127 108 142 136 5.9 5.9 7.4 7.2 3.5 3.5 12.1: 11.8 80 76 82 74 138 144 115 157 3.5 3.7 2.9 4.1 3.3 106 3.4 113 2.7 122 3.8 107 10? 146 134 150 3A 3.1 89 139 82 4.1 3.9 74 3.4 3.1 5.0 4.7 39 1.5 1.5 56 4.5 4.1 65 3.2 3.0 146 , 3.2 2.9 73 137 142 63 79 81 177 135 + 8 65 3.9 3.7 + 8 . 4.0 3.7 93 + 6 4.1 4.0 53 +11 . 3.0 2.7 58 + 6 84 3.8 3.5 + 8 3.6 3.4 75 100 6.4 6.0 : + 7 ' + 6 17.9 7.5 70 + 7 < 6.1 5.8 101 114 166 97 86 130 135 171 177 162 7 8 2 1 8 6 7 0.7.3 Page 3 : MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JANUARY I960 Department Percentage change from I corresponding period | itio of (Unadjusted stocks to I indexes a year aero Stocks Sales during (end of January January January Jahuaryfl.96011959 Bales 1 Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats & 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, housedreases, uniforms Furs Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers + + + + + - 2 2 1 4 2 5 . 2.7 2.5 1.8 1.9 1.5 1.6 3-5 3.1 3.2 3.0 2,3 2.2 4.4 4.0 96 100 115 56 79 81 76 142 111 108 106 150 133 163 +15 +17 +14 +14 +11 +13 2.6 2.0 3.2 3.1 2.3 3.7 88 90 83 104 100 119 152 152 147 163 128 117 2.3 1.7 2.8 2.8 2.2 3.1 + 1 +10 00 MEN'S AND BOYS' WEAR +11 - 1 - 2 - 1 +12 +13 +11 + 3 + 3 + 5 -11 +.4 + 7 0 81 132 + 1 0 0 - 1 + 8 +11 +10 + 8 4.8 4.5 5.1 4.7 5.8 5.4 6.8 6.3 103 70 68 103 140 124 123 157 + 2 + 7 4.2 4.0 104 129 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum + + + + + + +10 + 7 +10 + 7 + 7 + 2 3.6 3.3 1.7 1.7 4.4 4.1 3.8 3.6 3.6 3.5 5.0 5.0 136 157 125 107 104 65 134 154 128 113 109 65 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop - 1 0 - 2 0 - 2 - 3 + + + + + + 5 8 6 7 4 9 5.5 4.4 7.9 2.7 4.8 7.6 80 5.2 > 4.0 • 89 95 7.3 78 2.5 4.6 89 84 6.7 124 126 137 108 136 157 Radios, phonographs, television, pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheet music, instr. +14 +14 + 8 +10 + 8 +11 3.0 2.8 3.6 3.1 3.0 3.5 152 164 107 - 5 + 4 4 . f 4.4 70 130 - 7 -12 -5 - 4 0 + 4 9.4 8.4 - 1 14.8 13.2 +11 7.1 6.0 + 6 6.1 5.6 + 5 1.9 1.8 50 25 89 69 84 140, 140 142 139 148 HOMEFURJjIISHINGS MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy 1 2 2 : 2 3 2 161 162 144 G.?»3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES. - JANUARY i960 Percentage change from 1 corresponding period Ratio of Unadjusted (stocks to indexes a vear ago Stocks Isales 1/ Sales during (end of I period January month) 1 January January Januarv 0.960119 59 Sale^Stocks 2»> Department BASEMENT STORE TOTAL + 4 -I 108 2.8 77 2.2 2.0 137 117 2.4 2.4 69 100 2.9 Domestics and blankets - 5 + 3 Women's, misses' ready-to-wear + 1 + 3 + 1 - 5 + 3 +10 - 2 - 4 + 2 - 4 + 1 + r + + + + + 5 2 6 2 4 2 7 4 0 2.8 2.6 2.9 1.5 1.8 2.3 3.1 3.4 2.5 84 114 2.7 3/ 2.5 1/ 2.8 l A Jj 70 65 1.7 1.7 95 57 80 2.1 107 64 112 2.9 117 3.1 75 2.6 1/ " •ja/ - 1 + 5 3.6 3.4 81 122 + + + + + + 6 6 4 3 3.5 3.5 3.4 3.7 3.3 3.3 3.2 3.7 83 102 73 74 121 136 110 116 Intimate apparel. Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls1 wear Infants' wear Aprons, housedresses, uniforms Men's and beys' wear Men's wear Men's clothing Men's furnishings Boys' wear . ~~ ~ 2 1 4 2 Homefumishings -10 - 3 3.9 3.6 71 103 Shoes + 4 + 5 4.5 4.5 83 117 NONMERCHANDISE TOTAL - 1 1/ Barber and beauty shop - 3 ' 2/ 1/ If 120 1/ 2/ 126 1/ l/ The ratio of stocks to sales is obtained fcy dividing stocks at the end of the month fcy 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 1947-49 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 1146-4# 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, Kpte:—Based o i reports from a group of large department stores located in various r cities throughout the country. In 1959, sales arid stocks at these stores accounted for about 45 per cent of estimated total department store sales and stocks- foot ail 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.
