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4 BOARD OF GOVERNORS CF THE FEDERAL RESERVE SYSTEM FOR IMiEDIATE RELEASE May 16, 1956 ^ G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MARCH 1956 XBased on r e t a i l dollar amounts) , Summary By Selected Department Groups kain Store Women's Piece Main apparel Men's • Home goods store and and f u r n i s h - and . Small Miscelhouse- wares laneous ings t o t a l acces- toys' wear hold sories textiles SALES INDEXES (Unadjusted, 1947-49 average monthly sales ® ICO J Jan. 1954 Feb. 1954 Mar. 1954 80 75 89 77 77 97 72 64 74 - Basement store' total 82 82 92 129 70 79 80 78 82 55 63 71 76 71 95 Nov. Dec. Jan. Feb. Mar. 1954 1954 1955 1955 1955 127 195 86 76 98 1201 181 60 74 107 146 277 74 65 83 123 139 95 88 101 94 114 132 68 78 137 258 85 81 89 172 335 58 65 61 128 177 78 69 101 Nov. Dec. Jan. Feb. Mar. 1955 1955 1956 1956 1956 134 203 87 82 106 126 189 80 80 121 157 265 73 68 95 131 148 100 97 99 96 118 134 72 75 146 269 90 90 98 184 350 61 66 97 132 180 76 74 108 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks • 100/ Jan. 1954 Feb. 1954 Mar. 1954 105 110 121 107 116 131 104 115 129 106 108 117 99 100 104 105 107 115 99 97 107 Nov. Dec. Jan. Feb. Mar. 1954 195U 1955 1955 1955 135 108 106 112 122 142 109 110 121 131 152 HO 105 115 127 115 106 103 106 116 Hi 111 103 105 107 116 110 107 109 117 165 94 103 100 m Nov. Dec. Jan. Feb. Mar. 1955 1955 1956 1956 1956 143 115 116 122 130 153 117 121 133 136 160 116 114 125 134 122 % & 109 111 lilt 155 118 116 119 124 172 100 109 115 111 132 102 10U H5 119 a 4.6 4.5 3.9 U.5 4.1 4.1 4.6 4.5 4.2 4.0 3.7 3.4 3.0 2.5 2,4 2.3 RATIO OF STOCKS TO SALES Mar. 1954 Mar. 1955 Mar. 1956 3.8 3.5 3.4 2.9 2.6 2.5 &T: Figures f o r departments within groups given on following pages. 94 103 P ? 126 100 98 107 116 - Page*2* MONTHLY DEPARTMENT STORE SALES AND STOCKS, BX DEPARTMENTS . UNITED STATES - MARCH 1956 Department Percentage change frcm corresponding period a year ago Stocks Sales during (end of period month) Mar.|Jan-Mar. March Ratio of Unadjusted stocks, to indexes sales 1/ (1917-1*9 , av.=1002/) March March Sales)Stocks 195611955 GRAND TOTAL-entire store + 8 + 6 + 7 3.2 3.2 — — MAIN STC&E TOTAL • + 8 + 6 + 7 3.1* 3.5 106 130 PIECE GOODS, HOUSEHOLD TEXTILES - Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods Household t e x t i l e s Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads SMALL \«ARES + 1 + 7 1*.6 l*.l 75 HU 6 - 1 — 6 — 8 - 2 + 1 + 1 - u + + 1 2 8 7 3.2 2.9 3.9 3.2 3.0 2.9 l*.l 2.7 83 77 53 112 9U 79 70 131 - 3 + 1 - 7 - 5 + + + + +10 + 8 +15 +10 5.7 5.8 5.7 5.7 5.1 5.1* 1*.7 5.0 68 69 6U 72 12U 112 1U7 125 + 6 U.0 1*.2 98 12U 5 2 2 3 1 +10 + 9 Laces, trimmings, embroideries, and ribbons Notions Toilet a r t i c l e s , drug sundries + 6 + 2 +16 + U + 6 +12 - 1 + 9 + 8 3.8 1*.3 3.1* U.O 4.0 3.7 105 95 11U 132 1U6 118 Silverware and jewelry Silverware and clocks Costume jeweliy Fine jeweliy and watches +11 - 1 +17 +13 + 8 + 3 + 8 +18 + 6 +10 + 5 0 5.2 5.5 6.9 7.7 3.1 3.5 9.0 10.3 88 7U 101 81 133 1U8 128 127 : — 6 +12 +1U +10 - 2 +10 +15 + 7 + + + + 5.1* 3.1* 2.5 3.9 73 100 11U 93 107 121 109 125 Art needlework Books and stationery Books and magazines Stationery • 1 3 2 U 5.0 3.7 2.9 l*.l WOMEN'S APPAREL AND ACCESSORIES +12 + 7 + 5 2.5 2.6 121 138 ftomen's accessories Neckwear and scarfs Handkerchiefs Millinery Vjomen's and children's gloves Corsets and brassieres women's, children's hosiery +16 +13 +20 +28 +UU +10 + 8 + 9 + 9 + 7 +15 +19 , + 7 + 3 • U + 6 - 3 -20 - 5 + 7 - 2 2.9 2.5 3.8 0.6 2.6 3.0 2.5 3.2 2.6 1*.7 1.0 l*.o 3.1 2.7 120 118 57 173 125 1U0 91 1U0 160 72 108 93 159 126 + U + 5 + 5 + 1 +15 +27 +21 +38 +17 + 1 + 2 + 1 + 1 + 9 +11* +12 +21 +10 + + + + + + + 3.7 3.8 3.8 2.8 2.5 2.1 U.o 3.0 4.3 3.6 3.7 3.7 2.7 2.8 2.7 1*.5 U.0 U.7 78 96 71 76 333 131 15U 17U 1U9 Undervear, s l i p s , and negligees Knit underwear Silk 6c muslin underwear, s l i p s Negligees, robes, loung. apparel Infants* wear Handbags, small leather goods Women's aid ^children's shoes Children's shoes Women's shoes 7 7 8 U 1 3 8 +5 + 9 128 165 118 102 130 llil 168 162 172 G.7.3 Page 3 laONTHLI DEPARTMENT STOKE CALLS AND STOCKS, B£ DEPARTMENTS (Continued) UNITED STATES - MARCH 1956 Percentage charlge from i corresponding period Ratio of Unadjusted stocks to= indexes a year agro Stocks, sales 1/ ( 1 9 U 7 - U 9 Sales during (end of av,=1002/) period ; Uarch month) March Mar.|Jan-Mar. March 1 9 5 6 1 1 9 5 5 Sales]Stocks Department WOMEN'S APPAREL, ACCESSORIES (Cent.) ft omen's apparel women's, misses.' coats & s u i t s V<omen's, misses' coats Women's, misses' s u i t s Juniors' and g i r l s ' wear Juniors' coats, s u i t s , dresses G i r l s ' wear + 9 0 + 2 - U +22 +21 +23 + 6 + 1 + 3 - 3 +15 +15 +16 6 3 1 U + 2 + U + 1 Y<omen's and misses' dresses Inexpensive dresses Better dresses Blouses, s k i r t s , sportswear Aprons, housedresses, uniforms Furs + 7 +10 + 6 + 7 + 3 + U + 6 + 6 + 6 +7 + 2 + 1 + 9 + 8 +10 +12 + 7 +15 + 7 + + 6 +1U +25 +30 + U + 5 +1U +15 MEN'S AND BOYS' WEAR Men's Men's1 Boys Men's clothing furnishings and hats wear St toys' shoes, slippers HCMEt'URNISHINOS ' + - 1 2.0 1.6 1.5 1.8 1.5 2.1 1.7 1.5 1.8 1.8 1.5 2.1 121 113 105 135 160 1U2 182 1.8 -1.7 13U 1UU 166 133 98 l.U 1.7 135 . 101 135 137 125 1U7 • • Ill 1U0 l.U l.U 2.2 3.0 2.3 VU.6 2.1 2.9 2.2 U.5 119 117 119 108 108 79 6 U.6 5.0 95 13U + 8 + 5 0 +13 5.7 U.7 2.8 5.6 5.7 5.1 3.5 6.U 77 1UU 12U 1U7 126 121 157 + .8 -.2 + U +12 U.5 3.9 99 Furniture and bedding Mattresses, springs, studio beds Upholstered, other f u r n i t u r e Domestic f l o o r coverings Rugs and carpets Linoleum - 1 - 6 0 - 1 0 - 9 + + + + -+• + 5 2 6 U U 7 +17 +12 +18 +12 +1U +20 U.5 2.U 5.1 U.9 5.0 U.U 3.9 2.1 U.U U.U U.5 3.3 U3 121 109 86 8U 1U0 16U 13U 11U 113 71 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares ( i n c l , small appliances) G i f t shop - 1 - 2 + 1 -11 - 1 + 7 + 1* + 8 + U + 5 +17 +11 +11 U.7 U.5 7.7 2.7 U.2 6.U U.3 U.2 7.5 2.2 3.7 6.3 103 82 93 80 109 90 131 119 131 11U +10 +11 +10 3.1 3.0 3.6 2.9 2.6 3.7 10U 9U 115 Radios, phonographs, television, pianos, records, sheetmusic, i n s t r . Radios, phonographs, television Records, sheet music, i n s t r . MISCELLANEOUS MERCHANDISE DEPTS. Tt >ys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy + + + • + + U 2 3 5 8 +3 - U +16 1 - 6 +15 $9 130 ; lUU 1U7 11U 108 109 +20 +11 +k 3.0 3.U 97 U5 +16 +22 +10 • 5 +89 +12 •13 +12 +1U •37 + 5.7 6.1 5.3 '6.0 6.1 6.1 5.2 5.1 0.6 1.6 71 58 87 75 188 129 118 129 125 s 9 + 8 +11 + 8 -3U 93 * G.7.3 Page 1* MONTHLY DEPARTMENT STCEE SALES AND STOCKS, BT DEPARTMENTS ( C o n t i n u e d ) UNITED STATES - MARCH 1956 Department BASEMENT Si ORE TOTAL Percentage charlge from corresponding period a year as,o Sales during Stocks (end of > period month) Mar.|Jan-Mar. March + 7 + 1* + 2 Domestics and blankets - 9 0 + 9 women's, misses' ready-to-wear +10 +5 0 + 6 + 7 +4 + 7 +11 + 1 +20 +12 -10 Men's and boys' wear Men's wear ^ Men's clothing Men's furnishings Boys' wear Intimate apparel Hosiery Underwear, corsets 6c brassieres Coats and s u i t s Dresses Blouses, s k i r t s , and sportswear Girls ^ wear I n f a n t s ' wear Aprons, housedresses, uniforms Ratio of Unadjusted stocks t o indexes sales 1/ (191*7-1*9, av.=1002/) Mardi March 1 9 5 6 1 1 ^ Sales!Stocks 2.3 2.1* 108 119 1*.0 3.3 79 127 1.7 1.8 112 115 +3 + 2 + 2 + 1 + 8 + 2 +12 + 6 - 3 + 5 2.1* + 2 1.9 + U 2.7 -12 1.0 0 1.1 +11* . 2.5 - 1* 1.3 0 2.0 - 1* 2.3 2.5 2.0 2.7 1.2 1.2 2J 1.6 2.2 2.2 103 3/ ij 119 99 96 169 137 3/ 126 3/ F 86 . 91* 11*5 129 126 3/ + 9 + 5 + 6> 2.7 2.8 115 132 + 2 0 + k +26 + 2 + 1 + 2 +15 + 8 +18 + 3 0 3 . 1 2.9 98 3.2 2.7 117 3 . 1 3 . 1 85 1.8 2.2 180 131 151 120 135 3.3 2.9 93 121 3.0 3.6 131* 126 3/ 121* 3/ 3/ 150 3/ , Hcmefurnishings - 7 - 1 + 9 Shoes +21 +11 0 NONMERCHANDISE TOTAL +10 + 8 3/ V Barber and beauty shop + 8 + 6 2/ 3/ month by sales during the month and hence indicates the nuaber of months' supplyon hand a t the end of the month in terms of s a l e s for that month. 2/ The 191*7-1*9 average of monthly sales and end-of-month stocks for each department i s used as thfe base in computing sales and stocks indexes, respectively, f a r that department. For description of s e r i e s , see pages 111*6-1*9 of the November 1953 Federal Reserve Bulletin. A brochure containing back data f o r the departmental series f o r 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. Note:—Based on reports from a grotp of large department stores located i n vazi cus c i t i e s throughout the country. In 1955# sales and stocks a t these stores accounted f o r a Elmos t 50 per cent of estimated t o t a l department store sales and stocks. Not a l l stores report data f o r a l l of jthe departments shown; consequently, the sample f o r the individual departments i s not so comprehensive as t h a t f o r the [total.