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FOR M E D I A T E RELEASE March 21, 1962 G.7.3 MO! T^'I N ?PAXMTCMT STQFTG SALES AND STOCKS, BY DEPARTMENTS MAR 26 TOUTED STATES - JANUARY 1962 (Based on retail dollar amounts) 19% FEDEii>~ 3ANK OF RICHMOND Summary by Selected Department Groups Main Store Women's Main apparel Men's | Home and furnishand store boys' . ings total sories Piece goods and household Small Miscelwares laneous Basement store total tort,ilea SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 1 0 0 ) Nov. Dec. Jan. 1959 1959 I960 139 228 95 133 211 39 156 311 81 139 171 104 92 122 139 Sept. Oct. Nov. Dec. Jan. I960 I960 I960 I960 1961 113 123 139 225 91 124 132 135 209 85 100 121 155 315 77 114 125 84 90 - 92 119 135 Sept. Oct. Nov. Dec. Jan. 1961 1961 1961 1961 1962 114 124 150 231 97 123 132 145 213 90 101 122 170 319 84 118 128 m 96 147 170 106 91 97 119 139 180 390 70 127 192 77 83 100 178 157 315 : 383 101 72 106 115 126 189 73 84 99 190 386 76 103 115 134 190 79 152 317 103 113 122 115 8 327 108. : 100) STOCKS INDEXES (Unadjusted, 1947-49 1 Nov. Dec. Jan. 1959 1959 i960 166 132 133 182 137 139 187 137 132 140 123 129 124 125 119 179 136 135 194 112 139 " 141 108 108 Sept. Oct. Nov. Dec. Jan. I960 I960 i960 I960 1961 157 169 175 136 135 186 191 141 141 179 195 201 143 135 137 145 145 130 130 127 130 129 127 120 147 169 191 144 139 153 194 202 113 130 134 -141 \ 146 106 Sept. 1961 , Oct. 1961 Nov. 1961 Dec. 1961 Jan. 1962 158 172 178 142 142 181 193 198 150 152 177 196 201 147 141 134 143 145 132 135 129 134 134 $ 197 151 147 153 194 204 119 138 3.4 3.5 3.5 5-2 5.6 5.2 4.2 4.5 4.2 4.2 4.3 4.2 4.8 . 4.6 4.4 iil 106 s 151 115 115 RATIO OF STOCKS TO SALES Jan. Jan. Jan. I960 1961 1962 3.8 4.0 3.9 2.6 2.6 2.7 2.9 3.0* 3-/> Figures for departments within groups given on following pages. Page 2 G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JANUARY 1952 lange from Percentage ch latio of g correspondiri period stocks to \BO a vear a Stocks sales i/ Sales during. (end of month) January January J anuarv JL96211961 Department GRAND TOTAl-entire store ' - MAIN STORE TOTAL PIECE GOODS, HOUSEHOLD TEXTILES . + 7 +6 , + 7 + 6 + 4.6 4.6 3-5 4.7 + 3 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + + - Household textile? Linens and towels Domestics—muslins",: sheetings Blankets, comforters, spreads + + + + . 2 2 3 l 3 2 3 6 SMALL WARES • - + + + + 5 5 4 7 3.7 — — 3-9 3.9 97 142 2.7 2.6 139 126 4.4 4.3 3.3 4.5 57 51 66 66 94 85 80 126 2.2 2.2 2.8 2.8 1.6 1.5 2.7 2.7 197 165 253 175 -141 131 159 147 3.7 5 +.5 + 4 + 9 + 3 Unadjusted indexes (1947-49. x av.=10Q2/ ) January SalesIStocks : + 6 4.2 4.2 108 147 + 3 + 5 . + 8 + 7 5.6 4.2 3.6 5.6 4.2 3.5 62 9? 136 110 150 152 6.4 8.5 3.7 13.9 80 81 76 81 153 153 131 177 3.0 3.3 3.7 3.7 3.1 3.1 4.0 4.0 129 117 129 109 111 157 151 158 3.4 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries + 3 + 6 + 6 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches + 7 +23 - 5 +18 + + + + 5 6.3 4 7J2 4.0 5 . 12.4 5 Art needlework Books and .stationery Books and magazines Stationery +14 + 6 + 9 + 5 + + + + 4 5 7 3 • WOMEN'S APPAREL AND ACCESSORIES + 6 + 8 3.5 90 152 Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery + 5 + 4 - 2 + 5 +16 + 6 + 6 + 7 + 8 + 1 + 1 +23 + 8 + 7 4.2 4.2 83 3.6 3.5 73 5 A 5.2 35 56 1.5 1.5 81 4.4 4.2 3.3 3.3 154 78 3.2 3.2 149 149 63 79 100 201 147 + 4 +3 + 5 + 6 + 7 + 7 + 7 + 7 + 6 3.7 3.8 3.3 4.1 3.9 3.8 2.8 2.7 4.1 3.9 3.8 3.6 6.8 6.7 8.5 8.2 6.4 6.3 67 101 53 59 82 72 ?9 68 101 120 176 104 90 140 148 186 194 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 +12 0 . + 4 . + 3 + 2. + 5 + 4 + 5 • . V # G.7.3 Page 3 r MONTHLY DEPARTMENT STORE SALES AMD STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JANUARY 1962 Department Percentage change from j Unadjusted . corresponding period (Ratio of a vear ago (stocks to indexes Stocks bales i/ Sales during (end of! , 1 period month) j January Januarv January 1196211961 SalesJStocks L January WOMEN'S APPAREL, ACCESSORIES (Cent.) Women's apparel Women's, misses' coats and suits Women's, misses' coats Women's, misses' suits Juniors' and girls' wear Juniors1 coats, suits, dresses Girls' wear Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'S AND BOYS' WEAR Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers HOMEFURNIS HINGS + 7 +11 +13 + 5 + 8 + 9 + 6 +10 +10 +10 +17+13 +15 +11 2.8 2.8 1*9 1.9 1.5 1.6 3.5 3.1 3-5 3.3 2.6 2.4 4.6 4.4 98 107 125 56 78 81 74 157 123 125 109 169 154 182 + 4 + 5 + 3 +11 + 1 0 + 9 +10 +10 +10 + 5 + 3 2.8 2.1 3.5 3.1 2.5 4.3 2.6 2.0 3.3 3.1 2.4 4.1 83 91 84 111 98 107 170 171 165 184 137 126 + 9 + 4 5.2 5.4 84 141 + + + + + + + + 1 5 9 6 5.0 4.7 5.9 7.1 5.4 4.9 5.9 7.1 103 74 71 106 150 130 136 ' 173 9 9 9 7 +10 + 4 4.2 4.5 106 135 Furniture and bedding Mattrssses, springs, stuidio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum +13 +10 +13 + 7 0 +14 + 1 + 5 + 2 + 2 + 1 +13 3.6 1.7 4.5 3.9 3.8 3.7 4.0 1.8 5.0 4.1 3.8 3.7 138 158 125 104 93 57 ; 137 158 133 113 103 67 Draperies, curtains, uoholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 8 + 5 + 4 +12 + 6 - 2 + + + + + - 1 4 2 4 6 1 5.5 4.6 8,4 2.5 5.0 8.4 5.8 4.7 8.6 2.7 5.0 8.3 80 85 90 77 90 77 127 132 145 99 145 174 Radios, phonographs, television, pianos, records, sheetmusic, instr, . Radios, phonographs, television Records, sheet music, instr. +19 +19 +17 +19 +23 +13 2.9 2.6 3.4 2.9 2.6 3.5 177 194 124 186 189 164 4.4 4.3 76 138 9-0 8.8 14.0 12.7 6.7 6.9 4.4 4.6 2.0 1.8 51 23 95 104 82 149 149 150 156 164 MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy + 5 + 7 + 5 - 3 + 9 +14 + 1 » + + + + + 7 7 6 9 8 G.7.3 Page 4 t « MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JANUARY 1962 fw , Department lange from Percentage ci Ratio of correspondirig period stocks to a vear, mo i sales 1/ Stocks Sales during (end of period January month) January January January 196211961 3a1as 1 Stocks BASEMENT-STORE TOTAL + 8 . + 8 3.0 3.0 79 115 Domestics and blankets + 6 + 7 2.2 2.2 139 120 Women1s, misses' ready-to-wear + 7 + 9. 2.5 2.5 69 107 + 8 +12 + 7 +10 +11 +13 +13 + a + 3 2.9 2.7 2.9 1.6 2.0 2.3 3.3 3.6 2.7 2.8 2.6 2.9 1.7 1.8 2.3 3.2 3.3 2.6 89 3/ 3/ 69 52 83 64 73 ,3/ 125 3/ 79 99 .115 122 122 3/ Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls1 wear Infants'wear Aprons, housedresses, uniforms * + 7 + 9 + 7 +15 - 2 4-14 +11 '+ 2 - 1 Men's wear Men's clothing Men's furnishings Boys' wear Homefurnishings 88 132 3.7 3.8 3.6 3.9 93 118. 79 75 130 143 123 133 + 6 3-9 3.9 74; 106 + 6 4.7 4.6 +16 Men's and boyswear ' +10 +18 +26 +12 + 8 + 8 + 7 +10 +15 + 8 3-5 3.7 3.4 *3.2 3.5. 4.1 Shoes + 5 NONMERCHANDISB TOTAL + 2 3/ 3/ Barber and beauty shop ^ + 6 3/ 3/ 81 120 3/ 122 2/ 3/ 125 3/ ij 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 1947-49 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 1146-49 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. 3/ Data not available. Note:—Based on reports from a 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 dent 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. January 1962 had one more trading day than January 1961.