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F E D E R A L R E S E R V E FOR IMMEDIATE RELEASE September 18, 1962 G.7.3 , MONTHLY-DEPAftJ1:iENTX STORE SALES AND STOCKS, BY DEPARTMENTS — UNITED STATES - JULY 1962 (Based on retail dollar amounts) Summary by Selected Department Groups iiain Store Hain store total Women'si Home apparelJ Hen's and and furnishacces-| boys' ings sories Piece goods Small and house- wares hold textiles Miscellaneous Basement store total 98 102 76 •SALES INDEXES (Unadjusted, 1947-49 averare monthly sales = 100) May July I960 I960 I960 108 107 88 111 102 82 100 131 83 113 111 100 83 . 75 84 113 115 88 95 111 91 Mar. Apr. May June July 1961 1961 1961 1961 1961 114 100 112 110 91 133 108 117 105 84 98 89 103 133 87 103 104 114 111 105 76 76 86 76 98 109 101 121 117 91 98 34 97 114 92 Mar. Apr. May June July 1962 1962 1962 1962 1962 112 115 118 109 94 124 135 125 104 39 94 108 116 134 88 118 102 119 111 107 82 73 86 76 92 110 107. 123 119 95 88 101 98 114 94 ; 110 93 103 104 78 „ 100 112 107 101 78 STOCKS INDEXES (Unadjusted, 1947-49 average of end-of-month stocks = 100) May June July I960 i960 I960 148 140 139 154 141 148 162 147 139 145 141 134 120 119 124 149 143 138 134 130 128 Mar. Apr. May June July 1961 1961 1961 19bl 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 Mar. Apr. May June July 1962 1962 1962 1962 1962 160 161 158 152 149 178 173 167 159 164 168 172 172 159 151 147 151 149 146 137 130 130 126 126 126 159 168 165 158 152 140 139 146 142 .139 RATIO OF STOCKS TO S-VL55 July July July I960 1961 1962 4.2 4.0 4.2 • 3.7 3.6 3.7° 5.2 5.0 5.3 4.5 4.1 4.2 4.4 4.1 4.0 ' 4,8 : 4.8 4.9 . / 120 126 123 116 111 . : 132 134 133 127 124 / 3.5 3.5 3.6 Figures for departments within groups given on following pages * 127 113 115 3.1 2.9 3.2 G"?.3 Page 2 MONTHLY DEPARTMENT STORE SALES AMD STOCKS, BY DEPARTMENTS UNITED STATES - JULY 1962 111 Department Percentage chamge from corresponding; period Ratio of a year ago stocks to Stocks sales 1/ Sales during (end oi period July month; July July!Jan.-July July 196211961 Sales 1 Stocks GRAND TOTAL-entire store + 3 + 4 + 8 4.0 3.8 MAIN STORE TOTAL + 4 + 5 + 8 4.2 4.0 94 149 PIECE GOODS, HOUSEHOLD TEXTILES + 5 + 2 + 2 4.0 4.1 92 126 Piece goods Silks, velvets, synthetics Woolen yard goods Cotton yard goods + 4 + 7 +10 + 2 0 + 1 + 7 - 2 + 2 + 3 0 + 4 5.4 5.7 7.2 3.7 5.5 6.0 7.9 3.7 46 39 36 79 90 82 86 122 Household textiles Linens and towels Domestics—muslins, sheetings Blankets, comforters, spreads + + + + + + + + + + + + 2 1 2 4 3.5 3.9 2.8 4.0 3.6 4.1 2.9 4.0 125 123 149 108 143 135 170 146 + 8 4.9 4.8 95 152 SMALL 1 TARES 5 6 4 4 + 4 2 3 3 1 + 3 —— - Laces, trimmings, embroideries, and ribbons Notions Toilet articles, drug sundries + 1 + 1 + 6 + 2 + 2 + 5 + 4 + 8 + 6 5.7 4.8 4.0 5.5 4.5 4.0 66 94 121 123 167 149 Silverware and jewelry Silverware and clocks - Costume jewelry Fine jewelry and watches + 5 +12 - 3 +15 0 + 5 - 7 +13 +10 + 8 +13 +10 6.6 6.3 7.7 8.0 4.6 3.9 9.9 10.4 80 81 80 90 157 169 154 147 Art needlework Books and stationery Books and magazines Stationery +12 + 4 + 3 + 4 + + + + + + + + 5 7 8 7 5.1 4.3 3.8 5.2 5.5 4.6 3.6 5.1 78 89 99 84 115 158 150 159 WOMEN'S.APPAREL AMD ACCESSORIES 9 4 4 4 + 5 + 5 +10 3.7 3.5 89 164 Women's accessories Neckwear and scarfs Handkerchiefs Milliner/ • 'omen' s and, children' s gloves Corsets and brassieres Women's, children's hosiery + 4 0 - 2 + 1 0 + 9 + 2 + 3 + 2 - 3 + 2 +10 + 6 + 3 + 9 + 8 + 2 + 5 +38 + 9 + 9 4.5 3.3 5.3 2.3 12.0 3.5 4.7 4.3 3.0 5.1 2.2 8.7 3.5 4.4 81 88 34 37 37 156 55 158 159 61 90 131 217 148 Underwear, slips, and negligees Knit underwear Silk & muslin underwear, slips Negligees, robes, loung.. apnarel Infant's wear Handbags, small leather goods Women's and children's shoes Children's shoes Women's shoes + 2 + 2 + 1 + 6 + 2 + 4 4- 6 + 4 + 7 + + + + + + + + + + 7 + 6 + 8 + 8 + 6 + 8 + 8 +10 + 8 3.4 3.2 3.4 3.3 3.5 3.3 2.5 2.4 4.5 4.3 ; 3.4 3.3 6.7 6.6 8.1 7.7 6.4 6.4 78 102 68 74 87 84 97 83 101 124 168 113 99 164 149 190 208 184 3 5 2 4 2 4 3 2 3 G.7.3 Page 3 MONTHLY DEP'VVTrvjiiT STO,<5 SALES AMD STOCKS, BY DEPARTMENTS (Continued)' UHITED STATES - JULY 1962 ; Percentage cha nge froir corresponding; period Ratio of Unadjusted stocks to indexes a year ae0 sales 1/ (1947-49 stocks Sales during av.=100 I/) (end of period July July month) 196211961 Sales 1 Stocks July!Jan.-July July Department WOMEH' S APPAREL, ^CCESoOiJZS (Cont.) + 7 Women's anparel Women's, misses' - coats and suits + 7 Women's, misses' coats + 5 +10 Women's, misses' suits + 7 Juniors' and girls' wear Juniors' coats, suits, dresses + 7 + 7 Girls1 wear +12 +13 +14 +14 +14 +17 +13 1 6 6 6 8 4 3 + 6 + ? + 4 +10 + 6 -8 'EAR + 1 + 5 + 9 clothing furnishings and hats wear & boys' shoes, slippers + 1 - 1 +' 4 + 6 + + + + 5 4 6 6 + 5 + 9 +13 +12 + + + + + - Women' and misses' dresses Inexpensive dresses Better dresses Blouses, skirts, sportswear Aprons, housedresses, uniforms Furs MEM'S AND BOYS' Men's Men's Boys' Men's + 6 + 2 "+ 3 0 + 6 + 6 + 6 1 v 173 126 135 92 222 200 241 92 102 88 160 116 48 148 151 151 220 , 126 I53 5-3 5.0 88 151 5.5 4.6 6.2 7.3 5.2 4.2 5.8 6.9 93 81 87 111 150 136 169 188 4.1 107 137 5 4 6 5 3 4 + + + + - 3 3.5 2 1.5 4 4.4 2 4.7. 3: 4.7 3 • 5.1 ,3.5 1.6 4.4 4.8 4.7 5.3 133 162 127 82 82 49 135 149 137 107 119 65 ' + 4 + 6 + 5 - 6 - 5 + 4 + + + + + + 2 3 4 8 2 1 + + + + + + 4 6 5,; 6 4 4 5.0 5.6 9.1 2.0 4.5 7.6 88 5.0 5.6 71 86 9.0 1.8 102 4.1 .107 7.6 101 125 134 147 .109 154 197 +13 +12 +12 3.3 3.2 5.5 3.7 3.1 5.3 137 134 139 195 183 211 3 + 7 3.6 3.4 .94 139 3 2 3 4 4 + 9 -13 + 4 + 4 + 1 : 5.0 - 6.3 4.0 4.0 1.3 4.6 5.3 3.9 4.1 1.4 98 67 156 106 90 168 173 166 144 113 + + + + + - Radios, phonographs, television, pianos, records, sheatmusi^instr. +10 Radios, phonographs, television +11 + 8 Records, sheet music, instr. + 2 Toys, games, sporting gpods, cameras Toys and games + Sporting goods and cameras Luggage + + Candy +13 2.3 2.1 +12 1.7 1.6 +14 3.1 2.9 +14 - 2>5 2.3 + 9 1.9 1.8 11.6 11.0 : + 3 96' 38 38 37 107 102 113 + ,+ + + + + Furniture and bedding Mattresses, springs, studio beds Upholstered, other furniture Domestic floor coverings itugs and carpets Linoleum MISCELLANEOUS MERCHANDISE DEPTS. 2.9 5.0 5.1 4.5 3.2 2.4 4.0 4 it4 4 1 1 + 2 HOMEFUPJIISHINGS . Draperies, curtains, upholstery Lamps and shades China and glassware hajor household appliances Housewares (incl. small appli.) Gift shop : 3.0 5*2 y 5.6 4.6 3-4 2.6 4.2 1 4 2 5 9 + 5 +13 +14 + 9 > + + + + + 4.2 + 5 . 3W G.7.3 Page 4 MONTHLY DEPARTMENT STORE SALES AND STOCiCS, BY DEPARTMENTS (Continued) UNITED STAiTES - JULY 1962 Percentage change from corresponding period a year ago Stocks Sales during (end of period month) July1 Jan.-Jul} July Department BASEfoLNT STOdE TOTAL ) . v Ratio of Dnadjusted stocks to indexes sales 1/ (1947-49/ a v. =100-' July July 1962119611 S a l m 1 Stocks ,0 +2 +12 3.2 2.8 78 124 Domestics and blankets +7 +4 + 7 3.0 3.0 104 124 Women's, misses' ready-to-wear +1 +2 +11 2.6 2.4 74 123 Intimate apparel Hosiery Underwear, corsets & brassieres Coats and suits Dresses . Blouses, skirts, and sportswear Girls' wear Infants* wear Aprons, housedresses, uniforms 0 +1 -1 +9 +1 +3 -2 0 +2 +3 +2 +3 -1 +4 +7 +3 -1 +1 . + 9 +12 + 9 +19 + 7 +11 +12 +14 + 5 2.9 3.5 2.7 4.4 1.5 1.8 3.4 4.1 2.0 2.6 3.2 2.5 4.0 1.4 1.7 3.0 3.6 2.0 y y 96 141 y 29 77 119 84 76 y y 95 107 135 173 152 y Men's and boys' wear -3 +4 +21 3.9 3.1 89 151 Men's wear Men's clothing Men's furnishings Boys' wear -4 -5 -4 +2 +4 +4 +5 +5 +19 +21 +16 +26 3.7 4.3 3.2 4.4 3.0 3.4 2.7 3.5 88 91 89 98 147 164 131 188 +3 0 0 +2 NONMERCHANDISE TOTAL +6 +3 Barber and beauty shop -2 +3 Homefurnishings Shoes 2/ + 4 , 4.0 4.0 70 109 +11 4.2 79 128 y y 4.7 y y y y 133 163 y y 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 1146t49 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. y Data not available. ^Hote:—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. # Page 5 N O T I C E ! Corrections in June 1962 Sales Indexes, as published in report dated August 20, 1962 Page 1 liain Store total Men* s and bovs1 wear 109 Home furnishings 111 134 liiscellaneous 114 Basement store total .. 101 Page 2 MAIN STORE TOTAL Page 3 Page 4 i MEM'S AND BOYS' WEAR Hen's Men's Boys' lion's 109 clothing furnishings and hats wear & boys' shoes, slippers H0MEFURNISHING3 134 BASE; ENT STORE TOTAL 132 142 104 159 Domestics and blankets * 111 Furniture and bedding Mattresses, springs, studio beds Upholstered,; other furniture Domestic floor coverings Rugs and carpets Linoleum 124 136 122 75 77 41 Draperies, curtains, upholstery Lamps and shades Cjiina and glassware Major household appliances Housewares (incl. small appliances) Gift shop 103 73 93 130 117 Radios, phonographs, television, pianos, records, sheetmusic, instr. 145 Radios, phonographs, television 122 Records, sheet music, instr. 145 I/omen's, misses' ready-to-wear Intimate apparel Hosiery Underwear,corsets & brassieres Coats and suits Dresses Blouses, skirts, & sportswear Girls' wear . . Infants' wear' Aprons, housedressesuniforms Hen's wear • Men's clothing hen's furnishings Boys' wear MERCHANDISE DEPTS. •Index as previously published is correct. ' Homefurnishings 93 111 P. A. M.A 26 114 158 100 81 :T.A. 151 155 153 112 77. 106 ohoes TOTAL 114 Toys, games, sporting goods, cameras 123 Toys and games 85 Sporting goods and cameras 193 Luggage 147 Candy 98 - 88 142 Men's and boys' wear . N0N13RCHAMDISE MISCELLANEOUS 101 Barber and beauty shop 137 167
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