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A > ~~1 . OF THE FEDERAL RESERVE SYSTEM . BOARD OF FOR IMMEDIATE RELEASE November 19, 1956 0,7*3 MONTHLY DEPARTMENT STCRE SAIES AND STOCKS, Hi DEPARTMENTS UNITED STATES- SEPTEMBER 1956 (Based on r e t a i l d o l l a r amounts) •-Summary tjy Selected Department Groups Main Store Women1 s Basei'iece Home goods Main apparel Men* s Small Miscel- ment store and : f u r n i s h - and store and laneous wares boys 1 total ings t o t a l acceshousesories wear hold textiles SALES INDEXES {Unadjusted, 19&7-4? average m o n t h l y sales-CLOU/ * 75 86 100 70 87 109 70 71 91 86 94 101 73 97 84 ' 99 96 78 93 106 101 89 .71 91 114 93 115 74 77 95 104 101 97 107 HI 86 76 71 104 88 107 102 81 98 108 109 94' 74 100. 118 97 125 72 82 99 115, 111 99 109 109 89 75 80 105 85 July 1954 Aug. 1954 Sept.l95U May 1955 .June 1955 July 1955 Aug. 1955 Sept.1955 May 1956 June 1956 July 1956 Aug. 1956 Sept.1956. 1 79 75 78 74 87 104 98 99 75 86 101 87 99 81 79 85 104 102 76 93 107 108 103 80 92 100 94 103 83 84 85 - 108 107 77 98 109 74 81 • 9 6 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks*100) July 1954 . Aug. 1954 Sept.1954 • 106 111 123 107 120 134 • 110 120 138 107 103 110 101 98 106 105 106 U4 101 105 126 May 1955 /June 1955 ' July 1955 Aug. 1955 • Sept.1955 121 114 110 11? 127 122 113 113 128 140 133 121 111 125 142 118 115 109 107 113 106 101 104 102 109 120 115 109 111 119 114 * 115 110 107 101 106 108 110 119 127 May 1956 June 1956 July 1956 Aug. 1956 • Sept.1956 V 130 121 119 126 135 131 119 122 138 147 143 127 121 135 152 129 124 120 . 117 122 112 107 110 108 113 128 122 117 .119 126 121 116 114 119 136 118 108 104 110 120 2.7 2.6 2.7 4.9 4.9 5.0 3.8 3.9 3.5 . • 3 . 8 3.9 . 4.1 *3.8 3.7 4.0 4.0 3.7 4.1 2.3 2.3 2.3 : 98 104 118 .RATIO OF STOCKS TO SALES Sept.1954 Sept.1955 Sept.1956: 3.4 3.3 3.5 Figures f o r departments w i t h i n groups given on following pages* Page 2 G.7.3 H0NTHL7 DEPARTMENT STORE SAIES AND STOCKS, BI DEPARTMENTS UNITED STATES - SEPTEMBER 1956 Department Percentage change from corresponding p e r i o d a year ago S a l e s during Stocks period (end of month) Sept, ,|Jan-Sept S e p t . GRAND TOTAL-entire s t o r e + 2 + u R a t i o of Unadjusted s t o c k s t o indexes sales y ( 1 9 4 7 -•42/ av.=lC September September 1 9 5 6 1 1 9 5 5 S a l e s 1 Stocks + 6 3.3 3.1 — — MAIN STORE TOTAL + 1 + 4 + 6 3.5 3.3 108 135 PIECE GOODS, HOUSEHOID TKXTTTBS - 3 + 2 • 4 4.1 3.8 85 113 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yardrgoods + - 3 4 2 6 + • - 2 1 3 3 0 0 - 2 - 1 3.8 4.2 2.6 4.6 3.7 U.o 2.7 4.3 70 56 113 63 9U 86 100 109 Household t e x t i l e s Linens and towels Domestics—muslins, s h e e t i n g s Blankets, comforters> spreads - 3 5 3 1 + + * • 4 3 5 4 + + + + 5 4 8 3 U.2 5.1 U.1 3.3 3.8 U.6 3.7 3.1 95 80 93 125 123 111 1U7 12U - 1 * 6 • 6 U.0 3.7 100 126 Laces, trimmings, embroideries, and r i b b o n s Notions T o i l e t a r t i c l e s , drug s u n d r i e s + 1 + 1 0 + 4 * 4 + 9 + 5 • 7 + 7 U.6 3.6 3.5 U.1 3.U 3.3 80 107 108 110 139 113 Silverware and j e w e l r y Silverware and clocks Costume j e w e l r y Fine j e w e l r y and watches - 4 - 3 -*6 - 1 * • • + 5 7 2 8 • + + + 5 6 7 1 5.U 6.7 3.6 8.9 4.8 6.1 3.2 8.3 89 86 92 90 136 150 133 124 Art needlework Books and s t a t i o n e r y Books and magazines Stationery + 2 - 3 - 5 - 2 + + • • 2 6 9 4 + + * 2 6 6 6 U.6 3.6 2.9 3.9 U.7 3.2 2.6 3.5 88 108 101 112 111 133 109 1U6 4 4 • 4 + 5 2.7 2.6 118 1U7 *2 + + + + + * + 4 + 8 - 1 -12 0 3.2 2.5 U.7 0.6 3.1 2.U U.7 0.8 5.3 3.2 2.8 5.7 3.0 2.7 113 128 U6 152 79 13U 8U 146 168 73 93 118 156 134 U.0 3.9 U.2 3.U 2.6 2.5 U.5 3.8 U.7 3.7 3.6 U.0 3.2 2.6 2.3 U.3 3.6 U.5 7U 96 62 76 1U0 120 1U2 1U3 1U2 132 174 114 121 145 144 170 164 SMALL WARES WOMEN'S APPAREL AND ACCESSORIES Women's a c c e s s o r i e s Neckwear and s c a r f s Handkerchiefs Millinery Women's and c h i l d r e n ' s gloves Corsets and b r a s s i e r e s Women's, c h i l d r e n ' s h o s i e r y Underwear, s l i p s , and n e g l i g e e s Knit underwear S i l k & muslin underwear, s l i p s Negligees, r o b e s , lounge apparel . I n f a n t s ' wear y . Handbags, s m a l l l e a t h e r goods Women's and c h i l d r e n ' s shoes C h i l d r e n ' s shoes Women's shoes > u - 2 + 8 • 9 + 2 - 2 • + + + 1 0 1 1 3 0 3 0 4 4 5 1 7 7 5 0 0 + 1 - 1 + 2 • + + + • U 4 5 4 6 • • 4 3 • 6 • 6 + 5 • 7 + 3 + 7 • 5 • 5 • 5 172 G.7.3 Page 3 , yCNTHEI DEPARTMENT STOtiE SALES AND STOCKS, EL DEPARTMENTS (Continued) UNITED STATES - SEPTEMBER 1956 Hepartinent. Ratio of Unadjusted stocks t o indexes sales y September September 195611955 I I Percentage change from " corresponding period . a year ago Stocks (end of Sales during month) period Sept,fJan-Sept S e p t . .WCMEK'S APPAREL,™ACCESSORIES (Ctint,) Women's apparel Women's, misses' coats & s u i t s . Women's, misses' coats Women's, misses' s u i t s J u n i o r s ' and g i r l s ' wear JiiniofS' c o a t s , s u i t s , dresses Girls''wear - * Women's and misses* -dresses Inexpensive- dresses Better dresses Blouses, s k i r t s , sportswear . Aprons: housedresses, uniform Furs MEN*S /ND BOYS' WEAR Mien's clothing > iferl's f u r n i s h i n g s and h a t s Boys' wear Men's il boys' shoes, s l i p p e r s . HGMEFUHNISHINGS / + 5 +12 +14 * 7 • 5 + 7 * 3 > + + + + + + + + + + + 5 4 7 2 7 9 5 7 3 5 2 6 6 7 2.2 2.2 2.3 2.U: 2 . 4 2.6 2.0 2.1 2 . 1 2.0 1.8 1 . 8 2.3 2.2 .+ 3 + 5 0 + 3 '-1 >15 + 4 • 5 + 4 '•* 5 + 1 + 8 + 5 + 3 + 7 5.0 4.9 99 152 • + + + + + + + 3 2 3 5 + 9 + 6 + 5 +11 5.9 5 . 8 5 . 0 4.9 3.6 3.6 5 . 8 5.3 102 82 136 118 168 141 149 154 + 5 + 8 3.9 109 7 4 4 1 - 2 1.7 1 . 6 113 * 4 + 4 1*3 1.3 109 + 6 2 . 1 2.0 118 +12 . 2.3 2 . 1 158 2.2 2.0 89 > 7 + 5 5 . 0 5.3 1 0 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 - 2 - 6 + 1 0 0 - 2 > + + + + -+ 5 3 7 5 5 8 + 8 3.7 0 1.7 + 9 4.5 + 6 4.0 + 7 , 3.9 + 9 4.6 Draperies, c u r t a i n s , u p h o l s t e r y Lamps a n d s h a d e a : China andglassware Major household appliances Housewares (incl* small appliances) G i f t shop - + - + + + + + 4 4 1 4 7 + 6 > 3 + 4 +12 + 9 + 9 4 2 1 6 2 1 RadiosV phonographs,, t e l e v i s i o n , pianos, r e c o r d s , sheetmusic,. i h s t r # ^3 "'+9 Radios, phonographs, t e l e v i s i o n ' " 7 . > 6 +10 .. Records, sheet music, i n s b r . •18 MISCELLANEOUS MERCHANDISE DEPTS Toys, games, sporting goods, cameras + Toys and games . ... + Sporting goods and cameras Luggage + Candy > 124 149 106 . 146 106 162 102 io4 167 141 122 . 15D160 164 t > 0 3 1 2 + 4 > + + + + 4' 1 7 8 8 -: 3.5 3 . 4 125 1.5 144 4 . 1 115 3 . 8 100. 3.7 97 4.1 54 4 . 4 3 . 9 102 • 3 . 9 3*6, 94 7 . 4 7 . 0 103 2 . 4 2.0 82 3 . 8 3.3 117 6.4 5.8 97 125 113 233 185 101 133 122 124 137 119 122 108 69 122 117 231 96 137 154 +18 . 2.7 +18 2.2 +21 4.1 2.2 1.7 3.7 126 136 82 115 115 95 + 7 3.7, 85 136 6 , 3 ; 5 . 7 ; 88 M 6.0 79 .6.0 5,2 103 80 4 . 9 U.6 1.2 1.2 85 174 196 142 126 93 . +11 • + 9 . .. +.14. *8; • 3 Li 0,7.3 Page 4 UONTHLI DEPARTMENT STCRE SALES AND STOCKS, BY DEPARTMEMTS (Continued) UNITED STATES - SEPTEMBER 1956 Department BASEMENT STORE TOTAL P e r c e n t a g e chai age from corresponding period a y e a r a<go Stocks ' S a l e s d u r i n g (end of period month) • 2 2 + 1 R a t i o of U n a d j u s t e d stocks t o indexes sales y (1947-42, avo"100y September September Stocks 2.3 2.3 109 120 Domestics and b l a n k e t s - 3 3 + 2 2.9 2.7 106 122 Women's, m i s s e s 1 r e a d y - t o - w e a r *h 2 0 1.8 1.9 107 117 0 + 2 0 +13 + 2 + 5 • 3 + 3 - 2 - 1 - 2 - 3 — 6 - 4 + 6 + 3 - 1 • u 2.5 2.5 2.2 2.2 2.6 2.6 lo7 2.0 1.1 1.2 1.5 1.5 1.7 1.6 1»9 2 . 0 2.7 2.5 97 3/ 3/ 85 80 156 156 161 120 3,/ V m 85 140 149 138 y + 5 + 2 2.7 2.7 122 140 • + + + + 2 + 5 - 1 0 2.9 3.0 2.8 2.2 2.9 3.1 2.8 2.3 111 124 101 161 136 lit? 126 151 — 5 + 2 3.1 2.8 96 111 Shoes + 1 • 2 3.4 3c2 121 125 NCHMERCHANDISfi TOTAL + 3 Barber and b e a u t y shop - 2 Intimate apparel Hosiery Underwear, c o r s e t s & b r a s s i e r e s C o a t s and s u i t s Dresses B l o u s e s , s k i r t s , gad s p o r t s w e a r G i r l s ' wear Infants' near Aprons, h o u s e d r e s s e s , u n i f o r m s Men's and b o y s ' wear Men's n e a r Hen's clothing Men's f u r n i s h i n g s Boys' n e a r Hcmefurni strings 5' 8 3 4 3 3/ 2/ 2/ 3 / HO i/ y 2/103 2/ ] / The r a t i o of s t o c k s t o s a l e s i s o b t a i n e d by d i v i d i n g s t o c k s a t t h e end of the""""" month tyr s a l e s d a r i n g t h e month and hence i n d i c a t e s t h e number of months* supplyon hand a t t h e end o f t h e month i n t e r m s of s a l e s f o r t h a t month* 2 j The 1947-49 average of monthly s a l e s and end-of-month s t o c k s f o r e a c h d e p a r t m e n t i s u s e d a s t h e base i n computing s a l e s and s t o c k s i n d e x e s , r e s p e c t i v e l y , f a r t h a t d e p a r t m e n t . F o r d e s c r i p t i o n of s e r i e s , s e e p a g e s 1146-4? of t h e November 1953 F e d e r a l R e s e r v e B u l l e t i n . A b r o c h u r e c o n t a i n i n g back d a t a f o r t h e d e p a r t m e n t a l s e r i e s f o r t h e p e r i o d 191*0-1952, i n c l u s i v e , may b e o b t a i n e d f r o m t h e D i v i s i o n o f A d m i n i s t r a t i v e S e r v i c e s , Board of Governors of t h e F e d e r a l Reserve System, Washington 2 5 , D. C . not available. 3 / Data Di Voteb *—Baaed on r e p o r t s f r o m a group <*f l a r g e department s t o r e s l o c a t e d i n v a r i o u s c i t i e s t h r o u g h o u t t h e c o u n t r y . I n 1955, s a l e s and s t o c k s a t t h e s e s t o r e s a c counted f o r a l m o s t $0 p e r c e n t of e s t i m a t e d t o t a l department s t o r e s a t e s and s t o c k s . Not a l l s t o r e s r e p o r t d a t a f o r a l l of t h e departments shown; c o n s e q u e n t l y , t h e sample for t h e i n d i v i d u a l d e p a r t m e n t s i s n o t s o comprehensive a s that for the total* September t h i s y e a r h a d one l e s s t r a d i n g d a y t h a n l a s t .