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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.