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, G.7.3 ; I j j FOR IMMEDIATE RELEASE September 14, 1961. MONTHLYjDEPARTMENT STQRP ' &Mn <yrnr.TC.q. Hy ttirpabtmkmts UNITED STATES - JULY 1961 ^ (Based on retail dollar amounts) & Summary by Selected Department Groups Main Store Women's apparel Men's Main and and store accesboys' total sories wear Home furnishings Piece goods Small Misceland house- wares laneous hold textiles Basement store total SALES INDEXES (Unadjusted, 1947-49 average monthly sales = 100) May 1959 June 1959 July 1959 109 107 •92 114 99 86 106 131 85 112 115 109 Mar. Apr, May June July I960 I960 I960 I960 I960 101 118 - 108 107 88 109 137 111 102 82 82 114 100 131 83 108 105 113 111 100 Mar. Apr. May June July 1961 1961 1961 1961 1961 114 100 112 110 91 133 108 117 105 84 98 89 103 138 87 103 104 114 111 105 109 112 91 95 111 96 104 104 81 76 75 83 75 84 102 108 113 115 88 83 103 95 111 91: 92 118 98 102 76 76 76 66 76 88 109 101 . 121 117 91 98 84 97 114 92 110 93 103 104 78 1 I . , 80 75 89 of end-of-month stocks = 100) STOCKS INDEXES (Unadjusted, May 1959 June 1959 July 1959 138 132 132 141 134 143 148 135 129 135 133 127 115 13.3 118 141 137 131 129 126 125 121 115 112 Mar. Apr. May June July I960 I960 I960 I960 I960 149 148 148 140 139 165 157 154 141 148 154 156 162 147 139 143 145 145 141 134 122 123 120 119 124 144 ; 151 149 143 138 129 128 134 130 128 125 125 127 118 115 Mar. AprMay June July 1961 2.961 1961 19ol 1961 148 150 148 141 138 160 161 154 143 149 156 163 164 148 139 141 141 142 139 131 122 121 120 119 123 146 154 151 147 141 127 130 134 . 132 129 . 120 125 123 116 111 3.5 3.7 3.6 4.8 5.2 5.0 3.9 4.5 4.1 4.0 4.4 4.1 4.5 4.8 4.8 3.3 3.5 3.5 2.8 3-1 2.9 - 1 RATIO CF STOCKS TO SALES July .1959 July I960 July 1961 3-8 .4.2 4.0 Figures for departments within groups given on following pages. Page 2 0.7.3 MONTHLY DEPARTMENT STORE SAXES AND STOCKS, BY DEPARTMENTS UNITED STATES - JULY 1961 Department Percentage change from corresponding period a y«ar ago Stocks Sales during (end of period month) July July 1 Jan.-Juls Ratio of Unadjusted stocks to indexes sales 1/ Julv Julv 196111960 Sales 1Stocks GRAND TOTAL-entire store + 4 0 0 3.8 4.0 — MAIN STORE TOTAL . + 4 - 1 0 4.0 4.2 91 138 PIECE GOODS, HOUSEHOLD TEXTILES + 6 + 1 0 4.1 4.3 88 123 + 1 + 6 0 + 2 + 6 . - 1 0 0 0 - 2 3-2 6.0 7.7 3.7 44 -36 # 88 80 86 117 + + + - + - 1 3 5 1 3.6 3.9 4.1 4.3 2.8 4.0 2 3 119 116 143 105 140 134 166 140 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads SMALL WARES •:i + + + + 7 7 9 3 1 1 2 1 — + 3 + 1 + 2 4.8 4.8 91 141 - 2 5.5 4.5 4.0 5.3 4.6 3.9 66 93 114 118 155 140 Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries + 3 + 2 - 5 - 2 + 1 + 2 + 1 + 4 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches' + + + + 3 4 1 8 + 1 - 4 + 4 +•1 + + + 3 1 6 4 6.3 8.0 3.9 10.5 6.3 8.3 3.7 10.9 Art needlework Books and stationery Books and magazines Stationery + + + + 6 4 5 2 + 4 0 + 1 0 + 3 + 1 + 3 0 5.5 4.7 3.6 5.2 4.8 3.7 5.3 5.6 69 86 96 81 WOMEN'S APPAREL AND ACCESSORIES ^ + 2 0 0 3.6 3.7 84 149 Women's accessories Neckwear and scarfs Handkerchiefs Millinery Women's and children's gloves Corsets and brassieres Women's, children's hosiery + + - - 1 + 1 ,: 4.4 4.4 78 . 3.0 3-0 88 34 5.2 5-3 2.4 2.0 37 8.8 8.6 36 3-5 3-5 143 4.4 4.5 54 145 147 59 85 94 199 136 76 3.4 3.5 100 67 3A 2.8 70 85 4.3 81 3.4 6.6 91 80 7.7 6.4 94 116 159 105 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 1 1 3 5 + 6 + 4 :+ 1 + 1 + 3 + 1 0 + 1 +1 -2 0 - 2 - 2 - 6 0 +10 + 2 + 1 - 1 0 - 1 + 3 . -2 - 2 - 3 - 1 - 3 0 - 4 +16 + 9 + 6 - 3 - 3 - 2 0 -12 + 1 1 + 1 + 1 + 1 . 3.2 3-3 3.4 2.5 4.3 3.3 6.8 7.7 6.6 143 76 157 73 82 136 79 . 134 109 147 139 150 91 154 137 175 189 171 G - 7 ° - Page 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATfiS - JULY 1961 M Department Percentage chainge from corresponding period Ratio of a Year aiiO stocks to Stocks sales 1/ Sales during (end of period month) Julv Julv Julvl Jan.-Julv Julv 196111960 SalfcslStocks WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats and suits Women's, misses' coats Women's, misses' suits Juniors1 and girls' wear Juniors' coats, suits, dresses Girls' wear + 4 + 8 +12 + 2 + 4 + 5 + 3 • 1 5 7 2 0 + 3 - 3 Women's and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs + + + + + + MEN'S AND BOYS' WEAR Men's Men's Boys' Men's clothing furnishings and hats wear & boys' shoes, slippers H0MEFURNI3HINGS 1 1 1 6 2 +18 + + + + 1 1 1 1 4 5 + 4 + + + + 4 5 3 2 + 5 0 -3 + 1 0 + 1 + 9 + 7 - 1 - Radios, phonographs, television, pianos, records, sheetmusic, instr. Radios, phonographs, television Records, sheet music, instr. + 7 + 7 + 5 + 4 + 5 + 3 2.1 2.0 1.6 1.5 + 2 - 2 0 0 Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop Toys, games, sporting goods, cameras Toys and games Sporting goods and cameras Luggage Candy + 6 + 6 + 6 - 3 -2 + 2 - 1 0 0 - 1 + + + + + + MISCELLANEOUS" MERCHANDISE DEPTS. 2.9 •5,0 5.1 4.4 3.2 2.4 4.0 0 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings 1 Rugs and carpets Linoleum 4 5 5 6 6 3 0 - 2 - 2 -6 - 1 + 3 - 3 , - 4 - 5 - 3 - 3 - 2 -12 2 4 6 . 4 1 5 + 1 0 + 3 + 8 0 - 1 + 2 - 1 0 - 1 + 4 + 1 3.0 5.5 5.8 4.8 3-3 2.4 4.3 90 36 36 33 100 95 154 112 119 81 194 171 213 8? 96 84 149 131 135 132 106 2.9 2.4 1.8 1.8 49 5^0 5.2 154 87 6.1 - 2 4.1 4.4 105 131 6 4 5 1 1 5 3.6 3.9 1.6 1.7 4.4 4.9 4.8 5.1 4.6 4.9 5*2 5.6 128 7.2 92 82 139 5.3 4.2 5.8 7.0 - 5.3 4.5 3S 112 11.0 12.8 83 104 143 125 150 168 50 131 152 131 105 115 67 4.1 4.5 7.6 7.3 1.8 2.1 84 67 82 109 113 97 120 127 139 103 149 189 3.7 3.8 3.1 3.1 5.2 5.4 124 121 129 172 163 188 + 1 3.5; 3.5 92 129 + + + 4.6 4.7 5.3 5.7 3.9 4.0 4.1 4.1 1.4 1.4 99 70 153 101 155 153 159 138 - 2 0 - 1 - 7 - 1 + 4 + 4 + 6 + 1 1 2 1 1 5 5.0 5.6 9.1 5.2 5.7 9.3 156 122 79 , 81 82 111 0.7.3 Page 4 MONTHLY DEPARTMENT STORE GALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JULY 1961 Department Percentage change from corresponding period a year aeo Stocks Sales during (end of period month) JulviJan.-Jul/ Julv Ratio of Unadjusted stocks to indexes sales 1/ (1947-49 . av.=100 ) July Julv 196111960 Sales (Stocks BASEMENT STORE TOTAL + 3 0 - 3 2.9 3.0 78 111 Domestics and blankets. + 4 0 - 5 3.0 3.3 97 116 Women's, misses' ready-to-wear Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls1 wear Infants' wear Aprons, housedresses, uniforms Men's and boys' wear Men's wear Men's clothing Men's furnishings .Boys1 wear . + 3 - 1 - 2 2.4 2.5 73 110 + 4 + 3 + 5 +11 0 + 3 + 6 + 1 - 3 + + + + - - 2 + 2 - 3 - 1 + 8 - 8 - 2 - 4 -12 2.6 3.2 2.5 4.0 1.4 1.7 3-0 3.7 1.9 2.8 3.2 2.7 4.4 1.3 1.9 3.3 3.8 2.1 97 2/ 2/ 27 76 115 85 76 2/ 129 2/ 2/ 80 100 123 154 134 2/ 3-2 3.4 . 1 2 1 7 3 3 1 3 4 + 4 + 1 - 4 + + + + + + + + - 4 4 4 6 1 2 1 1 4 4 3 3 • 9 2 125 3.0 3-3 . 92 96 3-5. 3.7 92 2.7 2.9 . 96 3,5 3.9 123 135 113 149 Homefurnishings . + 6 - 1 - 3 4.0 4.3 68 105 Shoes + 1 - 2 - 1 4.5 4.5 79 45 NONMERCHANDISE TOTAL + 4 +. 2 Barber and beauty shop + 3 + 1 21: ' 3/ 2/ 2/ 126 2/ 2/ 2/ 167 2/ 1/ The ratio of stocks to sales is obtained by dividing stocks at the end of the month try 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. 2J 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 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/ Data not available. Note:— Based on reports from a group of large department stores located in various cities throughout the country.. In i960, sales and stocks at these stores accounted for about 45 per cent of estimated total department store sales and stocks. Not all stores report data.for all of the departments shown; consequently, the saafple for the individual departments is not so comprehensive as that for the total.