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^ B A D OF. G V U CftS OF THE FEDERAL RESERVE S S E OR OEN YT M I G.^3 .%W r : , ^ 8 - <52— / ": C-& FOR IMMEDIATE RELEASE May.l4k W58. ' ... - - M N H Y D^PAR^MENT. STORE SALES A D SlOCES, B D P R M N S OTL N Y EA T E T L- Jk UNITED STATES - M R H 1958 AC (Based on r e t a i l dollar amounts) Summary by Selected Department Groups Main Store Piece Women's Men's goods Home apparel and and Small Misceland boys' furnish- housewares laneous ings acces- wear hold sories textiles . Main store total Base\ store total SALES INDEXES (Unadjusted, 1947-U9 average monthly sales * 100) Jan. 1956 Feb. 1956 Mar. 1956 80 80 87 100 97 99 90 90 98 121 133 188 8U 81 105 163 278 78 67 77 135 1U9 101 96 105 129 191 8U 72 11U 133 1U9 99 87 10U 116 137 63 7U 1956 1956 1957 1957 1957 1U0 Nov. Dec. Jan. Feb. Mar. 1957 1957 19# 1958 1958 135 206 ' 91 • 76 ' 101 202 91 82 97 112 282 76 6U 82 95. 190 3U6 65 67 . 81 11*8 282 98 88 98 . :•?. 99 117 139 71 77 Nov. Dec. Jan. Feb. Mar. 61 66 97 150 271 95 90 92 13U 106 68 95 82 183 362 71 68 92 " 76 7.U 108 135 177 81 73 ,9U ' 127 179 78 65 . 98 STOCKS INDEXES (Unadjusted, 19V?-1# average of end-of-month stocks = 100) Jan. Feb. Mar. 1956 1956 1956 Nov. Dec. Jan. Feb. Mar. 1956 1956 1957 1957 1957 . ' Nov. 1 9 5 7 Dec. 1 9 5 7 Jan. 1 9 5 8 Feb. 1 9 5 8 Mar. . 1 9 5 8 ' 116 122 130 121 133 138 111* 125 131* 111* 117 130 109 111 111* 116 119 121* 111 109 H5 . " 101* 115 118 151* 122 121 126 138 161* 121* 125 : 134 la3 171* 128 121 132 11*5 131 120 120 122 133 121 120 111 111* 118 165 125 123 123 132 185 101* „ 118, 112 . 121* ; 136 103 101* 112 122 170 125 126 138 11*3 181 131 121* 133 11*1 135 122 121 122 132 122 118 110 112 115 172 128 121* 126 132 192 111 123. 117 123 137 103 101* 113 118 1*.6 6.1 5.6 u.u U.o 3.0 i*.o. 3.1* 2.3 2.7 2.5 159 121* 122 128 135 : . . RATIO OF STOCKS TO SALES Mar. 1 9 5 6 Mar. 1 9 5 7 lfer. 1959 ' 3.1* U.o 3.7 2.5 3.1 2.7 1*.5 . U.3 1*«6 U.7 U.7 U.6 U.3 figures for departments nithin- grotps given on following pages. Page 2 G.7.3 M N H Y D P R M N STORE SALES A D STOCKS, B£ D P R M N S O T L EA T E T N EA T E T UNITED STATES - M R H 1958 AC Department Percentage change from corresponding period a year ago Stocks Sales during' (end of period month) Mar. | Jan.^tfar. Mar. G A D TOTAL-entire store RN +5 M I STORE T T L AN OA PIECE-GOODS, H U E O D TEXTILES OSHL - 1 + 5 - 1 - 3 - U Piece goods Silks, velvets, synthetics Woolen yard goo is Cotton yard goods 0 + 3 - 2 - 1 - U - 2 - u - u Household textiles Linens and towels Domestics—musllins, sheetings Blankets, comforters, spreads - 6 - 6 - 6 - U - u - 6 - 3 - 3 + 7 +3 - - 6 + 2 +7 S AL W RS M L AE Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries Silverware and ;ewelry Silverware and clocks Costume jewelry Fine jewelry and watches Art needlework Books and stationery Books and maga:: Stationery 1 7 +10 - + 6 - 1 +11 1 -10 +2 +7 + + + + - +7 +3 - 2 0 +11 Ratio of Unadjusted stocks to indexes sales (19U7-U2, av.-lOOZ/) March March 195U 1195 7 jSales | Stocks - 2 3,5 - 3.7 — — 2 3.7 U.O 101 135 - 3 U.7 U.7 7U 115 - 6 - 7 - 9 - 2 3.2 2.9 3.7 3.1 3.U 3.2 3.9 3.2 80 7U 52 108 89 75 6U 125 - 2 + 1 - 6 - 1 5.8 6.0 5.6 5.7 5.6 5.6 5.6 5.6 70 69 66 76 127 117 1U9 129 0 U.3 U.6 98 132 1 0 + 2 li-3 U.6 U.6 U.7 3.9 95 100 119 1U2 15U 128 81 93 71 139 155 130 1U2 81 103 118 95 105 132 121 136 ' . ' - - - 1 1 - 6 + 6 1 u 1 5 +2 - 2 + 1 0 3.6 6.U 8.3 U.l 12.0 ll.U 5.9 8.2 3.U U.7 3.7 U.9 3.9 2.7 2.7 w U.8 72 WOMEN'S AIPAREL A D ACCESSORIES N +7 0 - U 2.7 3.1 112 1U3 iliomen's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children*s gloves Corsets and brassieres Women's, children's hosiery +9 - 7 0 - 9 - U +3 - 2 3.U - 5 3.8 3.0 U.9 1.2 1U8 16U 69 108 + 1 0 0 -10 0 - 1 108 98 U7 1U7 91 1U3 80 - 6 - h -3 Underwear, slips, and negligees Knit underwear Silk & muslin underwear, slips Negligees, rofw loung. apparel ies, Infants' wear Handbags, small leather goods Women's and children's shoes Children's shoes Women's shoes + U +22 +17 + 6 + 2 - U - U - 5 - 5 +13 +1u +16 +36 +11 - 5 - 7 - 7 + 2 +3 +5 +17 +3 - 3 -2k - 6 a k - 5 + 2 0 +3 3.1 u.u 0.8 3.8 3.3 5.0 3.0 3.5 3.1 it.l U.2 k.k 3.0 U.l U.2 U.5 3.0 2.8 3.3 2.6 3.2 U.7 3.9 U.9 5.U 5.5 5.3 69 89 59 70 12U 11U 1UU 1U7 1UU 99 177 133 126 165 116 ICO 138 151 18U 182 187 " ' ;:: G.7.3 .,c7 i Page 3 M N H T D P R M N STORb SALES A D STOCKS, B D P R M N S (Continued) C T L EA T E T N Y EA T E T UNITED STATES - M R H 1958 AC Percentage chemge from corresponding period a year ag[ O Sales during Stocks (end of period month) Mar. | Jan.-Mar. Mar. : t Department Ratio of Unadjusted stocks to indexes sales 1/ (1947-1*9. ay.-100£/ March March 195b|l%7 Sales|Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) V omen's apparel t Women's, misses' coats & suits Women's, misses' coats Women's, misses' suits Juniors' and g i r l s ' wear Juniors' coats, suits, dresses Girls' wear Vicmen's.and misses' dresses Inexpensive dresses Better.dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEN'S A D BOYS' W A N ER Men's Men's Boys' Men's clpthing furnishings and hats wear & boys' shoes, slippers HCMEFURNISHINGS Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum ; +5 +6 + 8 +3 +18 +10 +27 - 1 - 2 +1 -.8 +6 +2 +12 2.1 2.4 116 - 6 -10 ' 1.6 1.9 110 - 6 ' • 1.5 1.7 105 -17 . 1.7 2.1 123 -10 ' 1.7 2.2 151 -12 l.U 1.8 132 — 8 1.9 2.7 174 0 +1 - 1 - 3 - 3 +6 + - 7 - 6 -6 - 2 - 1 - 3 1.9 1.5 2. It 3.2 2.3 3.9 2.0 1.6 2.5 3.2 2.3 4.3 110 Hi 108 102 106 94 - 3 , 5.6 6.1 +6 5 5 5 4 5 5 0 - 2 - 1 +24 +19 + + - 1 + + Radios, phonographs, television, pianos, records, sheetmusic, i n s t r . + 9 +7 Radios, phonographs, television +10 Records, sheet music, i n s t r . +2 MISCELLANEOUS MERCHANDISE DEPTS. +14 Toys, games, sporting goods, cameras +10 +12 Toys and games +8 Sporting goods and cameras Luggage - 7 Candy +58 141 158 129 134 159 4.3 4*4 -104 132 4.2 2.1 4.8 4.7 4.6 3.5 4.1 119 2.1 130 4.6 116 4.6 88 4.5 88 4.1 67 137 151 133 112 112 4.9 4.5 8.2 2.7 3.9 6.6 4.8 97 4*4 83 8.1 92 3.1 77 4.4 121 7.0 94 131 122 136 104 145 159 3.1 3.0 132 2,7 2.6 118 4.1 4.0 138 143 127 147 - 2 ; -3 - - 4 : - 1 . 4 2 9 9 Draperies, curtains, upholstery -5 Lamps and.shades - 4 Chjjna and glassware - i Major household appliances - 2 housewares (inrtl. small appliances) + 7 Gift shop ! +7 82 81 J.o 6.0 64 4.8 121 7.2 118 - 1 - 3 +1 - 3 : -3 -11 - 7 -5 - 6 -5 - 6 - 9 4 3 3 5 4 5 138 133 142 169 132 98 - 1 - 4 + 135 104 99 117 146 127 162 5 6 4 7 1 4 -2 0 +1 ,-13 .- 2 +3 + 4 +3 • +13 +10 ' + 1 5 . • 6.9 5.8 3.6 6.2 +9 - 1 3.4 4.0 • +- -8 • +5 +11 -10 +20 +2 + 2 +3 -3 -17 6,3 6.4 6.2 5.8 1.0 92 6.9 69 7.3 51 6.4 • 95 5.6 69 2.0 ' 141 123 139 ' 126 140 129 131 / Page U G.7<3 M N H Y D P R M N STOtiE SALES A D STOCKS, B D P R M N S (Continued) O T L EA T E T N Y EA T E T UNITED STATES - M K H 1958 AC Depar- ;.nent Percentage change from corresponding period hatio of Unadjusted a year ago stc/cks to indexes (19U7-U2, Sales during * £ sales 1/ av.=100z/) erlod P I month) "March. Mar.) Jan7-Mar. j Mar* 1958I1957 Sales[Stocks B S M N STORE TOTAL AE E T +5 - 3 Domestics and bla ikets - - Women's, misses +5 - 3 - 6 1.9 2.1 +1 +3 - 1 - - 3 - 3 2.6 2.7 95 2.1 2.3 2.8 2.9 1.1 l.U I 1.2 1.3 63 2.6 2.5 89 ' 1.6 2.2 152 2.3 2.8 121 2.3 2.3 3 / '1/ 3.0 3.U 107 137 3.5 95 3.U 118 3.5 79 2.9 151 135 157 123 1U6 ready-to-wear Intimate apparel Hosiery Underwear, corsets 4 brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear x Infants' wear. Apronis, housedre 5ses, uniforms 6 + 8 - 3 - k +23 +11 k 3 1 h 3 -10 - 3 + 8 + 2 - 2 -15 -13 +l - 9 - h - 8 - 9 Men's and boys' w3ar +10 +2 Men's wear Men's clothing Men's furnishings Boys' wear + 6 +10 + 2 +1 +1 +1 + 2 +22 + 8 - 6 +1 +1 - U 2.5 2.7 98 3.8 3.7 - 6 80 121 99 113 3.3 3.1 3.5 2.2 118 125 I 86 143 litO Homefurnishings - 5 - 7 - 1 3.3 3.2 92 112 Shoes +15 +U - 3.U U.O 120 130 N K MC A DS TOTAL O M t H N IE + it +3 3/ 3/ 3/ 123 3/ Barber and beauty shop + 2 - 1 3/ 3/ 3/ 138 3/ 2 1/ 1'he ratio of stocks to sales i s obtained by dividing stocks at the end of the s ~ 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 sale6 for that month. 2/ The 19U7-U9 average of monthly sales and end-of-montn stocks for each department i s used as the} base in computing sales and stocks indexes, respectively, for that department. For description of series, see pages 11U6-U9 of the November 1953 Federal hjeserve Bulletin. A brochure containing back data for the departmental series If-or the period 1940-1952, inclusive, may be obtained from the Division of Administrative Services, Board of Governors of the Federal Reserve System, ftashinjgtori 25, D. C. 3/ Data not'available. Hot#*:—Based on reports from a group of large department stores located in various cities throughout the country. In 1957, sales and stocks at these stores accounted for about U5 per cent of estimated total department store sales and stocks. Not a l l stores report data for a l l of the departments shown; consequent! y, the sjample for the individual departments is not so comprehensive as that for the t o t a l .