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" BOARD OF GOVERNORS OR THE FEDERAL RESERVE SYSTEM G.7.3 '• ' I i FOR IMMEDIATE RELEASE September 16, 1959. MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JULY 1959 (Based on retail dollar amounts) Summary by Selected Department Groups Main Store Women's Main apparel store and total accessories BasePiece goods ment Men's Home Small Miscel- store and and beys! furnish- * house- wares laneous total ings wear hold textiles SALES INDEXES - (Unadjusted, 1947-49 average monthly sales - 100) Hay 1957 June 1957 July 1957 108 99 86 111 92 78 98 121 77 115 108 104 89 72 81 110 100 84 99 105 91 107 102 79 Mar. Apr. May June July 1958 1958 1958 1958 1958 101 99 106 97 87 112 108 109 90 79 82 88 97 114 80 104 98 112 103 104 74 73 84 72 84 98 97 111 103 87 92 91 102 105 95 98 100 103 96 79 Mar. Apr. May June July 1959 1959 1959 1959 1959 105 102 109 107 92 123 109 114 99 86 91 87 106 131 85 96 109 112 115 109 68 76 80 75 89 101 99 109 112 91 95 84 95 111 96 103 99 104 104 81 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) May 1957 June 1957 July 1957 136 128 126 139 127 132 152 137 128 135 129 123 116 112 115 134 129 124 126 122 121 121 110 107 Mar. Apr. May June July 1958 1958 1958 1958 1958 143 135 135 . 141 132 134 126 125 129 123 141 147 147 133 125 132 132 130 -. 127 119 115 114 112 108 110 132 138 135 130 124 123 124 127 124 123 118 120 117 108 105 Mar. Apr. May June July 1959 . 1959 1959 1959 1959. 138 141 138 132 132 147 148 141 134 143 140 148 148 135 129 136 136 135 133 127 . H7 11? 116 113 U8 138 145 141' 137 131 123 126 129 126 125 120 125 121 115 112 3.5 3.4 3.5 5.3 5.0 4.8 4.0 3.8 3.9 4.2 3.9 /4.0 4.6 4.5 4.5 , 3.4 3.3 3.3 2.8 2.7 2.8 RATIO OF STOCKS TO SALES July 1957 July 1958 July 1959 4.0 3.8 3.8 J Figures for departments within groups given on following pages. Page 2 0.7.3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS UNITED STATES - JULY 1959 Department GRAND TOTAL—entire store .+ 6 + .5. + 7 1 1 Percentage change from Ratio of Unadjusted corresponding period stocks to indexes a vear ae< Stocks sales 1/ (1947-49 J% Sales daring (end of av. =100 2/) period Julv July month) Sales1Stocks Julv 17 mos. July 3-6 3.6 — —— MAIN STORE TOTAL + 6 • + 5 + 7 3.8 3.8 92 132 PIECE GOODS, HOUSEHOLD TEXTILES + 5 + 1 + 7 4.0 3.9 89 118 + + + + 1 2 7 1 - 2 0 0 - 3 + + + + 4 6 5 2 5.2 6.1 7A 3.5 5.0 5.9 7.6 3.5 46 36 33 83 86 78 85 114 "+ 7 +12 + 4 + 5 + 2 + 5 0 - 1 + 8 + 4 +12 +11 3.5 3.9 2.8 4.0 3.5 4.2 2.6 3.8 119 113 142 109 133 121 162 139 + 5 + 4 + 5 4.5 4.5 91 131 Laces, .trimmings, embroideries, „ and ribbons Notions Toilet articles, drag sundries + 6 + 3 + 4 + 2 + 3 + 2 + 3 + 6 5.2 4.2 3.7 68 5.4 4.2 95 3.7 114 113 145 129 Silverware and jewelry Silverware and clocks Costume jewelry Fine jewelry and watches + 6 + 3 + 4 +21 + 6 + 5 + 4 +15 + 6 + 5 +11 + 5 5.9 5.9 7.5 7.4 3.7 3.5 9.2 10.6 76 76 80 79 133 152 123 120 Art needlework Books and stationery Books- and magazines Stationery + 3 + 8 +14 + 5 0 + 5 + 8 + 4 + + + + 5.6 5.5 4.3 4.4 3.3 3.5 4.9 4.8 65 87 94 83 105 136 123 141 + 8 + 7 +11 3.5 3.4 86 143 4.1 2.8 4.6 2.0 8.1 3.3 4.3 4.0 2.8 4.7 1.8 8.7 3.1 4.0 81 90 40 41 36 142 5> 139 136 60 80 82 178 133 3.1 3.2 3.2 2.4 4.1 3.1 6.5 7.2 6.3 3.0 3.2 3.2 2.3 3.9 3.1 6.3 6.9 6.1 80 102 71 72 89 81 93 82 97 112 i52 101 91 151 129 170 180 167 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods Household textiles Linens and towels Domestics—muslins, sheetings Blankets,"comforters, spreads SMALL WARES 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 pegligees Knit underwear Silk & muslin underwear, slips Negj:53es, robes, loung. apparel Infanva' wear Handbags, small leather goods Women's and children's shoes Children's shoes Women's shoes 5 6 7 5 + + + + + + + 5 6 5 6 5 5 3 + + + + + + 3 + 8 + 3 + 4 +15 - 2 +10 +12 + + + + + + + + + 6 8 6 2 5 8 4 4 4 + + + + + + + + + + + + + + + + + + 5 7 1 5 3 +7 6 8 5 2 3 9 5 1 6 7 8 6 6 9 9 8 9 8 0.7,3 - , P a g e 3 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BY DEPARTMENTS (Continued) UNITED STATES - JULY 1959 Department * Percentage change from corresponding period a vear aj20 Stocks Sales during (end of period month) July 17 mos. July Ratio of stocks to sales 1/ z Unadjusted indexes a a , July July 1949119% Sales 1 Stocks WOMEN'S APPAREL, ACCESSORIES (Cont.) Women's apparel Women's, misses' coats & 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 AND BOYS' WEAR Men's Men's Boys1 Men's clothing furnishings and hats wear & boys' shoes, slippers HGMEFURNISHINGS +11 + 2 - 2 + 7 +19 +22 +16 + 9 + 1 - 3 + 5 +12 +15 +10 +14 +16 +11 +24 +15 +12 ; +16 2.9 5.4 5.7 4.6 3.1 2.2 4.0 2,8 91 36 4.7 5.0 35 37 3.9 3.2 100 2.4 92 4.0 110 149 121 127 94 185 154 211 +11 + 9 r +15 +12 + 4 0 +11 +12 + 9 +12 + 9 - 4 +11 +13 +10 +14 +11 +17 - 1.9 1.4 2.5 2.4 1.7 10.5 1.9 89 1.4 97 2.6 85 2.4 143 1.6 119 9.0 52 113 116 115 186 112 155 + 6 + 8 + 3 4.8 5.0 85 129 + 4 + 5 +12 +10 + + + + - 2 + 3 + 9 +11 4.9 4.2 5.8 6.7 5.2 4.2 5.9 6.6 90 80 80 105 127 118 141 160 + 4 + 4 ^ + 6 3.9 3.8 109 127 + + + + + + + + + + + + 3.3 1.6 4.1 4.9 4.8 4,8 3.3 135 1.5 164 4.0 127 5.0 79 81 4.8 4.4 54 127 144 126 105 117 68 Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings Rugs and carpets Linoleum + + + + + - Draperies, curtains, upholstery Lamps and shades China and glassware Major household appliances Housewares (incl. small appliances) Gift shop + 8 + 4 + 7 + 1 - 2 +10 5 3 5 7 6 6 Radios, phonographs, television, pianos, records, sheetmusic, instr. +15. +14 Radios, phonographs, television +12 Records, sheet music, instr. MISCELLANEOUS MERCHANDISE DEPTS. + 1 Toys, games, sporting goods, cameras + 3 Toys and games - 2 + 8 Sporting goods and cameras Luggage + 7 + 6 Cand(y 8 8 7 6 5 2 6 8 6 4 6 9 6 4 5 3 + + + + 5 3 4 5 0 + 9 + 3 + 8 + 4 +10 + 6 + 7 "• 4.9 5.1 4.9 4.7 8.3 8.5 1.7 1.6 3.9 3.6 6.1 6.3 88 74 89 112 117 10? 119 120 136 102 145 165 + 8 + 8 + 7 +12 +16 + 7 3.4 3.5 2.9 2.9 4.9 5.1 116 112 125 149 140 165 - 1 + 2 3.3 3.3 96 125 + + + + + - 1 +12 + 3 + 6 4.4 w 5.4 5.3 3.8 3.7 3.5 3.7 1.4 1.3 101 69 15? 114 82 151 150 157 130 104 5 3 6 4 4 G.7»3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCKS, BI DEPARTMENTS (Continued) UNITED STATES Department BASEMENT STORE TOTAL JULY 1959 Percentage chiange from correspondingI period a year aizo Stocks Sales during (end of period month) July 17 mos. July + 3 + 3 +7 Ratio of stocks to sales 1/ Unadjusted indexes (1947-49 , av.=100 If) July July 195911958 Sales1Stocks 2.8 2.7 81 112 Domestics and blankets + 2 0 + 6 2.9 2.8 103 120 Women's, misses' ready-to-wear + 3 + 3 + 8 2.3 2.2 76 111 + 3 - 1 + 4 0 + 4 + 1 + 6 + 1 + 3 + 4 + 1 + 5 - 3 . +8 + 3 + 2 0 + 5 +10 +12 +10 + 3 + 7 + 9 + 7 + 9 + 6 2.5 3.2 2.4 4.4 1.2 1-7 3.1 3.8 1.9 2> 98 2.8 2/ 2.2 3/ 4.2 26, 1.2 77 1.6 121 3.1 ' 87 81 3.5 1.8 0/ 125 2/ 3/ 84 89 131 159 143 + 1 + 4 + 8 3.1 2.9 93 126 + + + + 4 2 5 5 + 8 +10 + 5 + 8 3.0 2.7 3.4 3.0 2.6 2.5 3.6 3.6 94 99 93 96 124 136 110 148 0 + 5 4.0 3.9 71 109 4.2 Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses Blouses, skirts, and sportswear Girls' wear Infants' wear Aprons, housedresses, uniforms Men's and boys', wear Men's wear Men's clothing Men's furnishings Boys' wear Homefurnishings + + 1 3 1 8 + 3 If Shoes + 3 + 4 + 7 4.0 84 117 NONMERCHAHDISE TOTAL + 5 + 5 It 1/ 1/ 129 2/ /Barber and beauty shop + 4 + 8 l! 1/ 1/ 167 2/ 1/ 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. 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 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. 2/ Data not available. Note:—Based on reports from a group of large department stores located in various cities throughout the country. In 1958, 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 sample for the individual departments is not so comprehensive —-"""as that for the total.