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FEDERAL . RESERVE FOR IMMEDIATE RELEASE November 19, 1962 G.7.3 !HLY [DEPARTIXFT STORE SaLSj AND STOCKS, BY .DEPARTMENTS UNITED STATES - SEPTEMBER 1962 (Based on retail dollar amounts) . 2) «*>£I<AL HESEKVL :,A;SK Summary by Selected Department Groups €* BlCHfcCNl) Main Store Main store total Women's apparel and accessories Hen' s and boys' Home furnishings Piece • goods and Small house- wares hold textiles Basement store total Miscellaneous SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) July Aug. Sept. 83 92 84 88 112 103 113 I960 88 82 I960 105 113 107 124 100 114 112 110 11? 103 114 138 111 87 96 101 105 113 118 86 76 88 114 84 116 134 83 99 105 119 111 107 11& 118 86 76 92 112 84 I960 May 1961 June 1961 July 1961 Aug. 1961 Sept. .1961 114 105 84 110 123 May June July Aug. Sept. 118 109 94 109 116 125 104 89 112 128 1962 1962 1962 1962 1962 91 108 100 112 . 84 91 89 •83 106 117 91 105 115 97 114 92 91 84 104 78 103 103 123 119 95 108 113 98 114 94 94 84 121 76 100 103 • 107 101 78 103 106 STOCKS INDEXES (Unadjusted, 1947.49 average of end-of-month stocks = 100) I960 I960 I960 139 145 157 148 165 179 139 156 179 134 131 137 124 119 127 138 138 147 Hay July Aug. Sept. 1961 1961 1961 19?1 1961 148 141 138 145 158 154. 143 149 181 164 148 139 155 177 142 139 131 128 134 120 ". 1 119 123 119 129 151 147 141 141 150 Kay June July Aug. Sept. 1962 1962 1962 1962 1962 158 152 149 155 170 167 159 164 181 198 172 159 151 166 192 149 146 137 135 142 126 126 126 122 133 5.6 5*4 5.6 4.1 3.84.1 4.5 4.6 4.7 166 " 128 131 153 115 121 134 134 132 129 132 153 123 116 111 120 136 165 158 152 150 l6l 146 142 139 144 166 133 127 124 . ' 129 146 4.1 4.1 4.4 4.5 4.4 4.6 2.6 2.7 2.8 ' G 1 1 RATIO Sept. Sept. Sept. 8 July Aug. Sept. I960 1961 1962 3.8 3.7 3.9 3.0 3.1 3.2 Figures for departments within groups given on following pages. ' G.7.3 Page 2 MONTHLY DEPARTS?IT STOffi SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - 3EPT3M3ER 1962 Percentage change from corresponding period a year ago Stocks Sales during (end of • . period month) Sept. IJarvoept.l dept. Department Ratio of Unadjusted indexes .stocks to sales 1/ (1947-49,, av.=100 2/) Sept. ept. 196211961 Sales I Stocks GRAMD TOTAL-entire store + 2 + 4 •• • • + 8 3.7 MAIN STOjffi TOTaL + 2 + 4 + 8 3.9 3.7 116 170 0 84 133 +JL + 3 4.7 4.6 Piece goods Silks, velvets, synthetics 'foolen yard goods Cotton yard goods 0. + 3 > 3 - 4 0 + 1 + 3 - 2 + + + + 4 8 2 1 4.2 4.3 2.8 4.8 66 102 4.1 4.6 55 100 2.8 . 115 112 4.6 56 112 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads 0 - 2 - 1 + 4 + + + + + + + + 3 2 4 4 4.8 5.3 4.8 3.9 4.6 5.1 4.5 3.9 95 87 93 117 148 137 175 146 - 2 + 3 + 3 4.4 4.1 113 161 o - 2 '+1 + 1 + 2 + 5 + 5 + 6 + 5 5.0 4.1 3.8 4.3 3.8 3.7 78 114 131 123 171 151 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches -10 - 8 -14 0 1 3 8 +12 ' +11 + 9 +12 +13 6.4 8.0 4.4 9.7 5.2 6.8 3.4 8.6 94 79 100 119 174 173 180 183 Art needlework Books and stationery Books and magazines Stationery +12 - 3 - 7 - 2 9 + 3 + 2 + 3 + 4 + 9+11 + 8 4.0 4.0 3.7 4.2 4.3 3.5 3.1 3.9 110 121 113 125 128 177 160 187 + 4 PIECE GOODS, HOUSEHOLD TEXTILES : SMALL MARES Laces, trimmings, embroideries? and ribbons Motions Toilet articles, drug sundries WOMEN'S APPAREL AND ACCESSORIES ^ 2 2 2 1 + 4 + 9 3.2 3.0 128 198 Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery + + - 1 4 5 1 0 + 3 + 5 + 3 + 2 - 3 0 + 7 + 6 + 3 + 9 + 4 + 6 +11 +27 +10 + 8 3.9 3.2 5.7 1.2 7.4 - 3-6 3.3 3.6 3.2 5.1 1.1 5.8 3.3 3.2 118 121 38 121 90 165 89 192 203 74 150 189 231 169 Underwear, slips, and negligees Knit underwear • Silk & muslin underwear, slips ' Negligees, robes, loung.. apparel Infants' wear Handbags, small leather goods 'fomfen's and children's shoes Children's shoes '/omen's shoes 0 i 3 7 2 0 + 1 - 4 + 3 + + + + + + + + + + 6 + 7 + 5 +12 + 6 +10 + .8 + 9 + 8 4.5 4.4 4.7 3.6 3-3 2.9 5-1 4.9 5.1 4.2 75 4.1 102 60 4.4 3.4 • 81 136 3.1 2.6 136 4.3 157 146 4.3 161 4.9 15F 21C 136 150 188 193 227 230 230 + + 3 4 1 5 ' 2 3 . 2 1 3 G.7.3 Page 3 . MONTHLY DEPART - 3'T STORS SALES AMD STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - SEPTEMBER 1962 Department Percentage change from tatio of corresponding period a year ago stocks to Stocks sales 1/ Sales during (end of period Sept. month) 5eot. I J3fl * Sept. 196211961 Unadjusted indexes (1947-49 . av.=100 2/) Sept. Sales 1Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) /omen's apparel vlomen1 s, misses' coats and suits /omen'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 A?ID BOYS' '-'EAR Hen's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers 6 + 6 6 + 2 + 4 9 . - 1 3 + 6 5 + 6 5 + 6 5 +10 2.6 + 6 3.1 + 8 . 3.1 3.0 + .5 +13 2.5 2.1 +13 +12 3.0 2.5 3.1 3.2 2.7 2.4 1.9 2.8 138 100 104 30 161 147 178 206 183 205 122 245 226 261 + 3 + 3 + 2 +12 - 4 - 2 + 5 + 7 + 4 +10 + 5 - 8 2.1 +13 + 5 •• 1.7 +12 2.8 +10 2.6 +12 2.1 + 5; 6.5 1.9 134 1.5 138 2.5 128 2.6 184 1.8 114 6.1 * 9 4 194 194 195 244 132 176 + 4 + 5 + 8 5.6 5.4 + 7 + 3 + 3 0 + + + + + 8 + 6 +13 +11 6.6 5.5 4.3 6.6 6.5 107 •34 5.4 3.9 145 6.0 . 13& 20 7 169 + 4 + 6 4.1 3.8 118 142 4 3 5 4 3 4 + + + + + + 3,6 1.5 4.4 3.6 3.5 4.7 131 151 124 109 105 46 138 149 137 116 111 62 2 3 4 4 1 1 + 3 + 5 + 5 +10 + 5 + 7 4.5 4.6 2.3 4.0 8.0 4.5 4.5 8.1. 1.9 3.8 7.4 102 90 104 87 126 105 133 142 152 99 162 215 +13 +12 +15 3.0 2.4 5.0 2.7 187 2.1 207 4.4: 106 202 201 • 156 + 9 4.8 4.4 84 166 7.9 9.9 5.8 5.5 1.3 31 7.2 3.7 57 131 5.5 80 5.1 1.3 .100 217 232 194 149 127 0 HOMEFURNISWINGS Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum + 3 - 2 + + + + + + Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 3 + 1 + 5 -10 - l - 2 + + + + + + Radios, phonographs, television, pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheetmusic, instr. + 1 0 + 3 + MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy 0 0 + 1 + 2 0 - 2 - 5 + 1 0 + 6 6 4 5 5 +11 +11 8 + 2 + + + + + 2 1 4 4 4 . + + .+ + + 6 3.8 8 1.6 • 4.6 7 4 3.7 3 3-5 1 , 4.8 a 3 8 8 6 8.2 105 192 203 214 3Z p G.7.3 age 4 HOFTHLY PSFv.RTibiT STORE S/Jv^J AFD oTOCKb, BY BSPARTliENTS (Continued) UNITED STATES - SEPTEMBER 1962 Department Percentage change from corresponding period a year ago utocks Sales during (end of period month) Sept.!I u an Sftpt. Ratio of Unadjusted indexes stocks to (1947-49 , sales 1/ av.=100 2/) Sect. Sept. 196211961 Sales I Stocks BASSiENT STORE TOTAL + 3 + 2 + 7 2.8 2.7 106 146 Domestics and blankets + 2 + 2 + 8 3.6 3.4 90 133 '[omen's, misses' ready-to-wear + 4 + 2 + 9 2.3 2.2 105 148 + 1 + 1 + 1 +14 - 1 +12 + 4 + 4 - 7 + + + + + + + + 3 + 6 + 9 + 8 +13 + 9 + 6 + 6 +10 3-P 2.9 3.1 2.1 1.5 1.9 2.3 2.7 2.5 2.8 2.6 2.9 2.2 1.3 1.9 2.3 2.6 2.1 100 3/ 154 i/ 3/ 127 128 176 206 173 . 3/ 3.5 3.4 123 186 113 128 102 162 180 199 166 208 Intimate apparel Hosiery Underwear, corsets brassieres Coats and suits Dresses Blouses, skirts, and soortsvrear Girls' wear Infants' wear Aprons, housedresses, uniforms Hen's and boys' wear iien's wear Men's clothing Men's furnishings Boys' '.rear 2 2 3 1 3 8 2 0 0 + 5_ + 4 + + + + + + + + + 4 4 4 4 + + + + 8 8 9 9 3.3 4.3 3.7 2.6 3.2 4.1 3.6 2.5 3.3 36 109 144 5 5 6 4 > 2/ 36 85 152 148 141 3/ Homefurnishings + 1 0 + 5 3.4 Shoes + 2 + 1 + 5 3.6 3.5 124 0 + 3 2/ 2l 2/ 126 2/ - 6 + 2 2l 2l 116 21 NONMEiiCmroiSS TOTAL Barber and beauty shop • 2/ 1/ The ratio of stocks to sales is obtained by -Jividing 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 contairfyng back data for the departmental series for the period 1940-1^52, inclusive, may be obtained from the Division of Administrative ^erviccsj Board of Governors of the Federal Reserve System, Washington 25, D. C. Data 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.