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BOARD OB' GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR ^IMMEDIATE RELEASE March; 20, 1958. G.7.3 MONTHLY DEPARTMENT STOItE SALES AND STOCKS, EL DEPARTMENTS UNITED STATES - JANUARY 1958 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store V< omen's Men's apparel and Heme boys' furnishand acceswear ings sories Main store total Basement store total Piece goods and Small Miscelhouse- wares laneous hold textiles SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) Nov. 1955 Dec. 1955 Jan. 1956 134 203 87 126 189 80 157 285 73 131 148 100 96 118 134 146 269 90 184 350 61 Sept. 1956 Oct. 1956 Nov. 1956 Dec. 1956 Jan. 1957 108 118 1U0 202 91 118 122 133 188 84 99 114 163 278 78 109 126 135 11*9 101 85 93 99 * 117 139 100 113 150 271 95 85 102 190 346 65 109 117 135 177 81 Sept.1957 Oct. 1957 Nov. 1957 Dec. 1957 Jan. 1958 96 115 135 206 91 115 120 129 191 84 93 115 Ilk 282 76 111 120 133 149 99 83 89 95 116 137 103 113 12*8 282 90 85 102 183 362 71 104 113 127 179 78 . : - 132 .180 76 STOCKS INDEXES (Unadjusted, 1947-49 average of and-of-mcnth stocks = 100) Nov. 1955 Dec. 1955 Jan. 1956 11*3 115 116 153 117 121 160 116 114 122 114 114 117 116 109 155 118 116 m Sept. 1956 Oct. 1956 Nov. 1956 Dec. 1956 Jan. 1957 135 150 154 122 121 147 162 164 124 125 152 172 174 128 121 122 131 131 120 120 113 121 121 120 111 126 147 165 125 123 136 178 185 104 118 120 133 136 103 104 Sept. 1957 Oct. 1957 Nov. 1957 Dec. 1957 Jan. 1958 142 156 159 124 122 158 168 170 125 126 162 178 181 131 124 125 135 135 122 121 . 118 18 122 118 110 132 154 172 128 124 148 189 192 111 123 125 133 137 103 104 172 100 , 132 102 104 RATIO OF STOCKS TOT SALES Jan. 1956 Jan. 1957 Jan. 1958 5.1 3.9 2.4 3.3 3.2 5.1 4.1 2.4 3.2 4.1 •2.4 5.3 i . . . : Figures for departments within groups given 3.7 3.7 3.7 2.8 4.1 4.5' 4.1 2.7 4.5 4.0 2.8 4.2 • . V:; : on following pages. 2 G.7.3 MCEqILI DEPARTMENT STOtE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JANUARY GRAND- TOTAL-enti:•e store 0 +1 MAIN STORE TOTAL FXEC3& GOODS, HOUSEHOLD TEXTILES Piece goods Silks, velvets , synthetics Woolen yard goods Cotton yard go< ids 11 1 - 2 - 2. - 1 - 3 - 1 . Household textil Linens and tow$! ils Domestics—mus: .ins, sheetings Blankets, comf<|>: irters, spreads - 2 - 2 SMALL M R E S * -t - 4 - 1 hatio of Unadjusted stocks to indexes sales y (19U7-U9 av.-100fZ) January January 195TO5? ! 1 Departnu in* Percentage change from corresponding period a year ago StoCKS Sales during (end of period month) January Jan. 3.5 3.5 — 3.7 3.7 91 122 2.U 2,U 137 110 U.2 U.2 3.5 U.3 4,3 58 W T . )$1 3.6 61 U.U 72 88 77 76 120 2.0 2.0 2.5 1.3 - 2 - 1 0 - U + 2 2.6 li 2.5 - 1 + 3 + 1 U.O U.l Laces, trimming;s, embroideries, and ribbons Notions Toilet articles , drug sundries - 5 + 1 + 7 + 2 0 + 3 5.6 3.9 3.4 5.3 U.O 3.5 Silverware and , jewelry Silverware and clocks Costume jewelr; r Fine jewelry aid watches 0 -11 +11 + 3 - 3 - 1 -6 - 2 Art needlework Books and. statijw•nery Books and maga sines Stationery 2 U 3 5 0 + 3 + 3 + U 3.3 3.5 2.7 3.9 WOMEN'S APPAREL .iND ACCESSORIES + 1 f 1 3.2 Women's accesso ries Neckwear and scarfs Handkerchiefs Millinery Woman's and children's gloves Corslets and br issieres ^ Yemen's, children's hosiery 0 - 6 -3 — 6 - 9 + 4 + u + + + - 2 0 -3 - U - 1 + 2 •li + 6 + 3 + * . * + + • Underwear, slits, and negligees Knit underwear SQk 3c muslinunderwear, slips Negligees', ro >es, loung. apparel Infantsr wear Handbags, small leather goods Women's and ch LldrenTs shoes Children's sh >es Women's shoes .+ * * + 5.8 6.0 7.3 6.6 3.U U.l 11.3 11.5 3.5 3.5 2.7 3.9 I 192 98 120 108 135 131 12U 61 106 9U . 132 122 125 72 73 .72 65 12U 1U0 100 128 108 110 119 10U 101 132 119 137 3.2 8 4 126 2 U.o 1 3.3 3 U.5 1.5 7 6 U.7 1* 3.2 2 .. 3.1 3.9 3.2 U.5 1.5 U.3 3.2 3.1 78 73 U3 54 65 135 70 126 133 65 73 82 162 122 2 u U u 1 2 5 7 5 3.8 3.7 U.l 2.8 3.5 3.6 6.0 7.U 5.8 62 90 51 57 8U 68 96 69 97 106 15U 91 78 120 119 157 165 1U8 , .3.8 3,9 U.O .2.8 3.5 3.5 6.2 7.U 5.9 3 0.7.3 MOhTHLX DEPARTMENT STOKE SAI£S AND STOCKS, BI DEPkKQIENTS (Continued) UNITED STATES - JANUARY Percentage change from corresponding period a year v o Stocks Sales .during (end of period month) Jan. January Department Ratio of Unadjusted stocks to indexes (1947-L9 sales y av.=100fZ . January January i s s a u m Sales|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 • + 1 0 + 2 -10" + 2 + 1 + k + - 1 1 1 5 0 - 3 + 2 2.6 2.6 1.8 1.8 1.4 1.4 3.6 3.U 3.1 3.2 2.3 2.4 4.1 4.2 90 97 113 57 72 73 70 126 107 102 111 129 117 139 Women's and misses.' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresges, uniforms Furs - 1 - 1 - 1 0 + 2 + 6 - 1 - 2 0 - 3 - 1 + 3 2.5 1.9 3.0 3.0 2.2 2.9 2.5 1.9 3.0 3.1 2.3 3.1 82 81 81 94 95 125 136 130 135 . 144 116 95 -2 + 2 5.3 5.1 76 124 97 65 64 97 138 116 112 139 MEN'S AND BOYS' WEAR 3 1 4 2 5.0 li.8 5.2 5.1 5.7 5.5 6.k 6.7 - 2 0 4*1 4.1 99 121 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum - 3 - 1 - 2 - 2 - 1 -17 . 1 - 3 0 - 2 - 3 - 9 3.5 3.4 1.6 1.7 4.3 4.2 4.1 W 3.9 4.0 5.0 4.5 134 159 120 95 92 61 127 147 121 110 107 66 Draperies,'curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop 0 - 1 - 1 -10 + 1 + 7 + 1 3 + I -1 . 5.4 3.9 7.7 2,5 4.6 7.2 5.3 3.9 7.5 2.5 4.7 7.4 79 87 94 72 88 79 120 111 130 91 129 142 Radios, phonographs, television, pianos, rccords, sheetmusic, instr. Radios, phonographs, television •Records, sheet music, instr. + 2 - 1 *2 - +15 +14 +14 3.0 2.7 2.8 2.5 3.7 3.3 12U 132 92 132 128 125 t 9 + 5 4-5 J1 123 •11 • 4 +14 - 8 + 6 + 7 +-1D + 5 + 2 + 6 8.7 9.1 14.1 13.8 6.2 6.7 5.9 5.3 1-8 1.8 51 27 89 69 80 132 143 122 135 136 Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers HCMEFUKNISHDIGS MISCELLANEOUS DEfTS. Toys, games, sporting goods, cameras' Toys anil games Sporting goods and cameras Luggage Candy -3 - 2 - 1 + 4 + + + + ( •M Page h . G.7.3 MCKTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JANUARY ^ Depai tment Percentage change from corresponding period Ratio of a year ago stocks to Stocks sales y Sales during (end of period month.) January Janaary JSHU 19*011957 E&SEMEST STGBE T((TAL - k Domestics and tiLokets -5 iiomen's, misses' ready-to-wear -U 0 0 -1 - 9 -10 0 -3 - 1 -5 - 2 - 2 - 1 - u - 3 + 2 + 1 + 3 -3 Intimate appare^ Hosiery Underwear, cor&e iets & brassieres Coats and- suits Dresses Blouses, skirts, and sportswear jGirls *- wear 1 Infants' wear Aprons, housedr ssses, uniforms Men's and boys1 rear -3 Men's wear Men's clothing Men's furnishings Beys' wear - 2 -3 - 1 > 5 Hoaefurnishings - 1 Unadjusted indexes (19U7-US, av.=100£? ) January Sales {Stocks 2.8 2.7 78 10b -3 2«0 1.9 li*8 113 - 2 2.3 2.3 69 - 2.7 2.5 2A 1.6 1-7 2.2 3-0 2.9 2.5 2.8 2.6 2.8 1.5 1.6 2.1 2.9 2.8 2.5 82 3/ 5/ 5L 58 85 62 81* 3/ + k 3-1* 3.2 81 115 * + + + 3.3 3-1 3-2 3-1 3.U 3.3 3-8 3.2 81* 101* 73 71 115 126 107 111 8i 106 3 3 k 7 96 108 3/ V To 91 106 105 111 3/ 0 - 1 3.6 3.7 Shoes - 3 - 1 U.5 l*.l* 76 106 NQNMEBCHANDISE 1 • 6 3/ 3/ 3/ 116 3/ Barber and beautjy shop + 1 3/ 3/ V 118 3/ 1/ The ratio of Istocks 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 Y at trie end of the month in tenns of sales for that month. i on- hand 2/The the 19U7-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 111*6-1*9 of the November 1953 Federal Reserve Billetin. 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. Rote:—Based on [reports from a group of large department stores located in various cities throughout the country. In 1956, sales and stocks at these stores accounted for ajlmost 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 total.