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B A D GF GOVERNCBS OF THE FEDBKAL hSStitifo, SISThM OR G.7.3 FOh IMMEDIATE RELEASE September 33, 1956 MCM1HLI DKPAMKENI STCBB SALES AM) STOCKS, Bt DBPABBSESTS UNITED STATES - JUEZ 1956 ; (Based on r e t a i l dollar amounts) Stmnaxy Bty Selected Department Groups Main s t c r e Basepiece itmen's Heme [goods tain apparel Men's Small Miscel- ment: store and f u r n i s h - and laneous store and wares ings {housebeys' t o t a l accestotal sories wear [hold [textiles SAIES INDEXES (Unadjusted, 1947-49 average monthly sales " 100) May 1954 June 1954 Jufcr 1954 93 94 75 97 91 70 82 119 70 1955 1955 1955 1955 1955 98 100 99 96 78 107 110 101 89 71 83 95 93 115 Mar. 1956 Apr. 1956 May ,1956 June 1956 July 1956 106 121 98 109 • 95 79 97 125 72 Mar. Apr. May June July 9k 107 102 81 9k 7k 7k 84 75 73 95 95 74 83 93 79 )6 104 74 101 97 .104 101 97 78 75 86 76 71 89 93 98 99 75 81 89 87 *9 81 101 107 1Q4 102 76 99 105 115 ill 99 75 ' 79 89 75 80 98 93 108 103 80 97 77 94 103 83 108 94 108 107 77 95 9k 86 STOCKS INDEXES .(Unadjusted, 19U7-U9 average of end-of-month s t o c k y * 100) May 195k June 1954 July 1954 119 110 106 120 106 107 134 118 110 118 113 107 101* 99 101 116 111 105 108 103 101 114 102 98 Mar. Apr. May June July 1955 1955 1955 1955 1955 122 122 121 111* 110 131 128 122 113 113 127 130 133 121 111 116 119 118 115 109 107 109 106 101 104 117 122 120 115 109 111 110 114 110, 106 116 116 115 107 101 Mar. Apr. May June July 1956 1956 1956 1956 1956 130 133 130 121 119 138 138 131 119 122 13k lk2 11*3 ' 127 121 130 131 129 124 120 nl| 115 112 107 110 124 130 128 122 117 115 118 121 116 w 119 122 118 . 108 104 3.3 3.4 3.5 - 5.2 4.9 5.4 * 4.3 3.8 4.0 4.3 4.4 4.2 4.5 4.6 4.6 3.2 3.2 3,4 2.7 2.7 2.8 RATIO CF STOCKS .TO SALES July 1954 • July 1955 July 1956 k.o 3.9 4.0 Figures f o r departments within groups given on followii^ pages. G.7»3 Page 2 11 CNiHIY DEPAMMEM S10BB SALES AND STOCKS, E DEPAKIMEMS K / X UNHED STATES - JOLT 1956 Deparl ment GRAND TOTAL-enti:« store MAIN STOKE TOTAL PIECE GOODS, HOUSEHOLD TEXTHES Piece goods S i l k s , velvets synthetics woolen yard go k b o Cotton yard gojxis Household t e x t i linens and torn I s Domestics—mi I n s , sheetings us: Blankets, comfi '(irters, spreads SMALL i.ABES Percentage change from corresponding period hatio of Unadjusted a year ago stocks t o indexes sales 1 / (1947-49 av.-10Q2/) *ny. July| Jan.-July | July 1 8 6 1 0 5 5 Sales|Stocks + 4 • 8 3.8 3.6 — • 4 • u • 8 4.o 3.9 81 119 •12 + 3 • 6 4.2 4.4 80 110 +5 + 9 •20. + 4 -2 • 1 • 2 -3 • - 1 1 4 i 5.1 6.2 7.9 3.3 5.4 6.6 9.7 3.5 46 35 31 86 85 . 75 82 112 *15 •13 +15 •18 +5 + 5 • 8 +4 + 9 • 8 •10 • 9 3.8 4.4 3.1 U.O 4.0 103 4 . 5 93 3.2 123 4.4 99 123 112 151 124 • 3 — + 7 + 7 • 8 4.6 4.6 80 117 Laces, trimming^, embroideries, and ribbons Motions Toilet a r t i c l e s , drag sundries • 9 • 4 • 5 • u • k •10 +3 + 9. •10 4.8 5.0 4.3 4 . 1 3.8 3 . 6 66 87 97 102 133 113 Silverware and jewelry Silverware and clocks Costume jeweliy Fine jewelry and watches • 7 • 6 • 7 •11 + 5 • 6 +3 •11 +.9 +13 • 8 + 5 6.0 5.9 7.8 7.4 3.5 3.5 9.9 10.1 69 71 73 64 121 148 105 103 Art needlework Books and s t a t i m e r y Books and magazines Stationery •11 •10 • 9 •10 • 1 +7 •11 • 5 1 5 5 6 5.8 6.6 4.6 4.8 3 . 6 3.7 5 . 1 5.3 61 72 76 TO 100 118 105 124 + - + ; • WOMEN'S APPAREL AND ACCESSORIES * 4 +4 • 8 3 . 5 3.4 Women's accessories Neckwear and scarfs Handkerchiefs aiillineiy women's and c h i l d r e n ' s gloves Corsets and brassieres Somen's, children's hosiery +4 • 8 • 6 +14 +17 +4 +3 + + • + + • - 3 4 1 5 6 5 1 • + + 6 7 3 5 0 • 6 + 5 U.l 2.8 4.9 2.0 8.3 3.4 3.7 Underwear, slips,and negligees. Knit underwear Silk & muslin underwear, s l i p s Negligees, robes, loung. apparel I n f a n t s ' wear Handbags, small leather goods women's and children's shoes Children's shoes V*omen's shoes -.4 0 - 6 - U •10 • 3 • 8 + 7 • 8 0 • 1 -1 • 2 • 3 +4 + 5 • 3 • 6 •7 • 8 + 7 + 7 • 6 • 8 • 8 •10 • 8 3.1 3.2 3.2 2.4 3.9 3.3 6.4 6.6 . 6.4 74 122 4.0 73 2.8 84 5.2 38 2.2 38 9.8 34 3.4 115 3.6 55 120 128 61 70 79 150 116 2.8 3.0 2.8 2.2 4.1 3.2 6.4 6.4 6.4 105 136 95 84 127 110 142 150 139 75 94 69 69 81 69 82 73 83 0.7.3 *age > 3 /ONTHLi DEPARTMENT STORE SALES AitD STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JULX 1956 , 7 ige from period Ratio of Unadjusted stocks t o indexes -o (W-i.9 Sales during Stocks s a l e s . 1 / s v . - 1 0 0 2 / ) (end of period July July month July 1 9 5 6 I 1 9 5 S Sales!stocks I § i|i 1 «ll Department . adlbN'S APPAREL, ACCESSORIES (Cont.) - U +33 +1U +12 2.9 U.6 U.8 U.0 3.2 2.U 1**0 2.8 5.2 5.6 U.7 3.1 2.3 3.9 75 37 37 36 79 75 BU 12U 103 113 78 1U5 -;127 159 * 3 • 2 -12 +3U * + + + + + 3 U U 5 2 7 +12 +13 +11* +16 + 3 0 1.7 1.9 1.3 l.U 2.3 2.5 2.8 2.5 1.6 1.8 8.3 11.2 75 81 73 112 99 5U 95 93 98 163 102 121 - 3 + 2 + 8 5.U U.9 72 121 + + U 5 7 2 + 9 + d + 5 +13 5.8 U.6 6.U 6.9 5.1 U.1 6.5 76 72 63 87 125 11U 120 135 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 J u n i o r s ' c o a t s , s u i t s , dresses G i r l s ' Wear • 4 +19 +25 +13 + 9 +10 + 9 women's and misses' dresses Inexpensive dresses Better dresses Blouses, s k i r t s , sportswear Aprons, housedresses, uniforms Furs • 1 + 2 4EK'L AND BOYS' «EAR / Men's clothing' Men's <&rnishiiigs and h a t s Boys' wear Men's oc boys' shoes, s l i p p e r s + U * 2 + 5 +10 + 6 + 9 * + + U 6 8 U *+ + + + 3 1 1 6 >2 + 2 + 6 +10 U-Q 3.8 99 120 Furniture and bedding M a t t r e s s e s , springs, s t u d i o beds Upholstered, other f u r n i t u r e Domestic f l o o r coverings Rugs and c a r p e t s I.<nnlmiif +13 +11 +15 +1U +33 + 9 + + + + 3«U 1.6 U.2 5.2 5.3 5 4 3.6 1.7 U.U 5.5 5.U U.9 129 157 119 • 5 +10 +10 + 6 • n + 9 •10 +1u 53 12U 11*2 123 102 111 • 73 D r a p e r i e s , c u r t a i n s , upholstery Lamps and shades China and glassware Major household appliances Housewares ( i n c l . small appliances) G i f t shop + 9 +13 +13 -20 -13 +10 + + * + + + 5 5 U 3 6 d + 5 + 6 + 3 +20 +14 +10 U.9 U.8 8.7 1.9 w 6.6 5.1 5.1 9.6 l.U 3.1 6.7 83 70 78 100 106 87 113 108 129 10U 136 1U5 Radios, phonographs, t e l e v i s i o n , pianos, r e c o r d s , sheetmusic, i n s t r . Radios, phonographs, t e l e v i s i o n Records, sheet music, i n s t r . +19 +22 +13 +11 + 8 +19 +20. +11 +20 3.3 • 2.6 U.6 3.3 2.9 U.U 93 90 106 llU 101 129 3.2 HCMEl'URNISHINGS MISCELLANEOUS MERCHANDISE DEPTS. Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy 7 5 8 6 + U + U + 7 3.1* - 3 -12 +' 9 +11 +20 + + + + + +12 +11 +1U + 9 + 3 5.0 5.8 U.2 3.3 1.3 U 1 8 8 8 n 73 83 k.h U.6 U.0 3.U 1.5 - 82 62 117 115 70 11U i. 1 3 U 1U1 128 12U 85, Page 1* G.7.3 wCKBM DEPAMKBHT S10&E SALES AND STOCKS, BC DEPAHOftJiTS S UNITED STATES - JULI 1956 ! 1 BASEMENT STORE TOT/L + 1 • l + 3 ttatio of Unadjusted stocks t o indexes sales 1/ July 19561055 is®, July 1 I Department Percentage change from corresponding period , a year afco stocks Sales during (end of period month) July . 2.7 2.8 : 77 101* 3.1 102 117 Domestics and blankets •lit + 1* + 3 Women's, misses 1 jready-to-wear - 1 + i + 4 intimate apparel Hosiery Underwear, •corsets & b r a s s i e r e s Coats and s u i t s Dresses Blouses, s k i r t s ^ and sportswear G i r l s ' wear - ^ I n f a n t s ' wear Aprons, housedresses, uniforms - 1 + 9 - 3 +17 - 7 + 2 —16 + i 0 • l - 2 + 1 • 5 + 1 0 0 • 1* 0 + - 6 +10 +11 + 7 + 2 + 5 Men's and boys' near - U 0 + 5 3 . 1 .2,8 Men's wear Men's clothing Men's f u r n i s h i n g s Boys' wear - 6 - 7 -5 + 9 + 1 0 + 1 - 1 + 9 +10 + 3 - 1 2.7 U.0 2.5 3*8. 2.6 2.9 2.1* U.0 87 . llU 90 121* 86 103 80 121* Homefurnishings + 6 • 2 + 3.8 3.9 73 110 Shoes • 5 + 2 • 3 U.2 4.U NCMMBRCHANBISE T0TAL • 9 • 7 3/ 3/ 3/ 101* 3/ Barber and beatrts shop - 5 + 3 3/ 3/ 1/ 11*0 3/ +8 6 • 2.8 ?.3 ' 2.5 2.9 2.1* l*.l 1.2 1.7 2.9 3.1 1.9 k k ; 2.2 7 1 ; 100 y y 111* y y is 77 86 2.U. 89 3*1 2.3 5.0 1.0 77 1 . 6 108 2.8 77 3.1* 81 l;6 111* 127 121 y V 81* 113 19 106 1/ The r a t i o of £ tocks t o s a l e s i s obtained by dividing stocks a t t h e end of t h e month by sales during t h e month and hence i n d i c a t e s t h e number of months' supply on hand at- the end of t h e month i n t e r n s of s a l e s f a r t h a t month. 2/ The 191*7-1*9 average of monthly s a l e s iazri end-of-month stocks f o r each department i s used as, t h e base i n computing s a l e s and stocks indexes, r e s p e c t i v e l y , f o r ; t h a t department. For d e s c r i p t i o n of s e r i e s , see pages 111*6-1*9 of the November ,1953 Federal Reserve B u l l e t i n , A brochure containing back data f o r the departmental s e r i e s f o r t h e p e r i o d 19W-1952, i n c l u s i v e , may be obtained from t h e Division of Administrative Services, Board of Governors of t h e Federal Reserve System, Washington 25, D, C, 3 / Data not a v a i l a b l e , fiotes—Based on r e p o r t s from a groqp of l a r g e department s t o r e s located i n various c i t i e s throughout t h e country. I n 1955, s a l e s and stocks a t t h e s e s t o r e s a c counted f o r almost 50 per cent of estimated t o t a l department s t o r e s a l 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 data f o r a l l of the departments shown; consequently, t h e saaple f o r the i n d i v i d u a l departments i s not so comprehensive a s that; f o r t h e t o t a l *