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1^ FOR IMMEDIATE RELEASE May 22, 1962 0.7.3 HIT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MARCH 1962 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Women's Main apparel store and total acces1 sories i Men's Home and furnishboys' ings . wear Basement store total Piece goods Small Misceland house- wares laneous hold textiles SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) , Jan. I960. Feb. I960 Mar. I960 95 87 101 89 84 109 81 73 82 104 104 108 139 70 76 103 99 102 70 70 83 77 72 92- Nov. Dec. Jan. Feb. Mar. I960 I960. 1961 1961 1961 139 225 91 83 114 135 209 85 . 83 133 155 315 77 72 93 135 162 96 93 103 92 119 135 69 76 157 315 .101 93 109 178 383 72 70 y"98 126 189 73 71 ' 110 Nov. Dec. Jan. Feb. bar. 1961. 1961 1962 1962 1962 150 231 97 85 112 145 213 90 82 124 170 319 84 75 94 147 170 106 99 118 97 119 139 69 82 166 327 108 96 110 190 386 76 73 88 * 134 , 190 79 69 100 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) Jan. I960 Feb. I960. Mar. I960 133 139 149 132 139 142 152 165 . 154 129 132 143 119 120 122 135 135 144 Nov. Dec. Jan. Feb. Mar. i960 I960 1961 1961 1961 175 136 135 138 148 191 . 201 141 143 141 135 150 145 160 . 156 145 130 130 V 131 141 129 127 120 120 122 191 144139 139 146 Nov. Dec. Jan. Feb. Kar. 1961 . 1961 1?62 1962 1962 178 142 142 148 160 198 150 152 . 164 178 201 147 141 152 168 145 132 135 136 147 134 133 126 128 130 3.2 2.5 3.0 6.0 5.0 5.6 4.5 4.6 4.2 4.8 4.7 4.7 130 119 129 108 116 125 202 113 130 121 127 146 106 106 114 120 197 151 147 148 159 204 119 138 128 140 151 115 115 123 132 4.4 4.2 4.5 4.0 3.2 3.8 2.8 2.3 2.8 J RATIO OF STOCKS TO SAIES Mar. I960 Mar. 1961 Mar. 1962 4.0 3.5 3.8 Figures for departments within groups given on following pages. Page 2 G.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - MARCH 1962 Department Percentage change from corresponding period eo a year a r Stocks Sales during (end of period month) Mar. 1 Jan.. -Mar. March - 2 + 2 MAIM STORE TOTAL - 1 + 3 PIECE GOODS, HOUSEHOLD TEXTILES + 7 + 3 GEriKD TOTAL-entire store + 8 Ratio of Unadjusted stocks to indexes (1947-49, sales 1/ av.=100£/) March March 196211961 Sales Rocks 3.6 3.3 -- + 8 3.8 3.5 112 160 + 7 4.7 4.7 82 130 81 77 60 107 97 84 69 139 . — Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + - 1 3 9 2 2 3 + 2 - 3 + 7 + 5 +14 + 6 3.3 3.0 3.4 3.3 3.1 2.8 3.2 3.1 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads +13 + 8 +22 +13 + 6 + 5 + 7 + 7 + + + + 5.5 5.8 5.2 5.6 5.9 5.8 5.8 6.0 0 - +3 + 9 4.5 4.2 no. 159 4.8 4.3 4.4 4.3 3.9 3.7 95 154 106. 172 135 159 SHALL -TARES - 7 7 9 5 Laces, trimmings, embroideries, and ribbons Notions toilet articles, drug sundries - 5 + 1 . + 5 - 1 + 2 + 5 + 5 + 5 +11 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches - 8 + 6 -18 +12 0 +13 -11 +15 + 9 +14 + 8 +22 0 '+ 5 - 4 +15 + 4 + 7 + 1 + + + + - 7 - 1 +11 Art needlework Books and stationery Books and magazines Stationery WOMEN'S APPAREL AND ACCESSORIES Women's accessories Neckwear and scarfs Handkerchiefs 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 +10 5 7 8 7 80 82 79 . 82 145 137 170 141 91. 171 80 178 100 173 99 172 6.3 8.3 4.1 10.3 5.2 8.1 2.9 10.7 4.3 4.0 3.1 4.6 5.0 3.7 3.0 4.2 100* 111 3.0 2.5 .124 178 18C 183 6S 141 132 133 99 -10 — 6 -17 -30 -26 + 4 + 3 - 3 - 1 - 9 -21 - 7 + 5 + 4 +10 + 7 + 6 +29 +38 +10 +10 3.8 3.0 5.2 1.1 4.6 3.4 3-0 3.1 2.7 4.0 0.6 2.5 3.2 2.8 114 112 39 129 99 168 92 + 2 + 5 + 1 + 1' -14 -17 -14 -32 - 9 + 3 + 6 + 1 + 2 - 7 - 7 - 7 -19 - 4 + 4 + 6 + 6 + 3 +13 +12 + 8 +12 + 7 4.0 4.1 4.3 2.8 3-3 3.0 5.4 5.6 5.4 3.9 4.1 4.1 2.7 2.5 2.3 4.3 3.4 4.6 77 102 64 93, 121 122 146 121 153 119 162 160 160 22C 161 144 196 132 118 166 191 223 22? 226 G.7.3 Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) . UNITED STATES - MARCH 1962 Department ihange from Percentage c correspond!ng period Ratio of Unadjusted stocks to ' indexes a vear aso 1 Stocks sales 1/ ( l W - W o Sales during av.=100 s.' (end of period March month) March liar. 196211961 SaLesEtocks Mar. I Jan ^ar. WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats and 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, housedresses, uniforms Furs MEN'S AMD BOYS' WEAR Men's Men's Boys' Men's clothing —r furnishings and.hats wear & boys' shoes, slippers - 4 - 5 + 1 -16 -17 -14 -21 0 0 + 5 -9 - 8 -6 -11 - 1 - 2 - 1 + 9 + 2 -10 + + + + 1 2 1 9 0 -5 +13 +16 +12 +24 +24 +27 +23 2.3 1.7 1.5 2.1 2.3 1,8 2.8 2.0 1.4 1.4 1.4 1.5 1.2 1.8 133 116 122 107 157 150 165 177 121 118 133 212 192 227 +12 +12 +12 - +10 + 4 + 2 2.1 1.7 2.6 2.8 2.2 6.1 1.8 1.5 2.3 2.7 2.2 5.4 132 137 126 145 127 78 189 190 188 214 151 133 - 5 + 2 + 7 5.6 5.0 + 3 + 1 -20 - 2 + + + + 2 + 8 +14 +10 6.3 5.4 4.5 6.8 6 4 8 2 94 168 6.3 99 181 5.1 77 150 3.1 122 170 6.0 129 200 +15 +11 + 4 4.2 4.6 118 147 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum +17 +16 +20 +16 +16 +18 +12 +11 +12 +10 + 8 +10 + 2 0 + 2 - 1 - 2 + 8 4.0 2.1 4.5 3.8 3-5 3.9 4.6 2.4 5,2 4.4 4.1 4.3 133 141 134 108 107 64 148 167 143 113 108 67 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 7 +16 + 8 +15 +12 + 3 + 6 +10 + 7 +12 + 8 + 2 + + + — + + 4.4 4.6 8.4 2.8 4.3 7.3 4.7 5.1 8.4 3.2 4.5 7.2 109 93 101 81 124 103 137 144 155 110 167 197 Radios, phonographs, television, pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheet music, instr. +31 +38 +13 +22 +25 +13 +17 +17 +20 3.0 3.4 193 208 2.6 3.1 182 193 4.2 3.9 179 199 -10 -2 +11 3.8 3.1 - 3 -12 + 7 +13 -48 + 2 - 4 + 8 + 7 -22 + 9 +10 + 7 + 9 +62 6.4 7,0 5.9 5.6 2.0 HOMEFURMISHDIGS MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy 2 5 7 1 6 4 88 140 5.8 74 159 5.6 47 135 5.9 116 173 5.7 82 151 0.6 110 200 G.7.3 Page 4 MONTHLY DEPARTMENT STORE SA1£S AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - MARCH 1962 Percentage change fronj corresponding period Ratio of Department Unadjusted indexes Stocks bales U (1947-49., Sales during av.=100 Zl (end oi period j March 1 month] March Mar.jj; an.-Haii Mar. R?6?| 1?61 Sales!Stocks BASEMENT STORE TOTAL - 9 - 2 +10 2.3 2.3 100 132 Domestics and'blankets +17 + 9 + 5, 3-7 4.1 86 125 Women's, misses' ready-to-wear -13 - 5 +12 2.1 1.7 100 130 0 0 0 -20 - 9 + 7 -29 -20 -8 + 2 + 3 + 2 - 9 - 4 + 9 -16 -11 - 7 + 9 2.7 2.5 +13 2.2 2.0 + 3 3.0 2.8 +26 1.3 0.8 +14 ' 1.4 1.1 + 8 2.2 2.2 +19 2.3 1.4 +15 3.0 2.1 + 5 2.1 1.8 107 146 2/ J/ 95 89 109 128 106 3/ Men's and boys' wear - 9 + 1 +13 3.4 2.7 112 165 Men's wear ^ Men's. Clothing Men's furnishings Boys' wear - 1 - 3 + 3 -27 + 6 + 7 + 5 -14 + 9 +10 +10 +26 3.5 3.5 3.4 3.1 Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infantsr wear Aprons, housedresses, uniforms 3.2 3.1 3-2 1.8 2J 2d 104 126 91 141 94 108 150 170 152 2d 158 186 145 190 Homefurnishings + 9 + 6 + 4 3.2 3.4 92 109 Shoes -15 - 8 + 7 4.1 3.2 117 145 NONKSRCHANDISE TOTAL + 1 + 1 0 + 2 2d If 2d 2d It Barber and beauty shop 143 2d 164 2d 2j 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. Zf The 1947-49 average of monthly sales and end-of-month stocks for each department isused 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/ Djata not available. '. . Note:—Based on reports from a group of large department stores located in various cities throughout the country. In 1961, sales and stocks at these stores accounted for about 40 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. \ & •
