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T: 7-6,3 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE August 29, 1955 G.7.4.1 LIBRARY i;U3 3 0 ^55 DEPARTMENT STORE MERCHANDISING DATA • V,rff>ie UNITED STATES - JULY 1 9 5 5 ^ % / ^ ^ (/,Q 0 _ • o i\ i k'h ' BW of cHiCj r e r cent change J u l y from Month Year ago ago Amount (In m i l l i o n s of d o l l a r s ) 1954 1955 July June July June ~ 307 380 -17 + 6 rl,045 1,070 - 3 + 4 472 392 + 23 +17 r 282 286 -10 + 4 r 362 428 -15 + 9 r Sales 1/ p 324 390 Stocks 1 / pi,089 1,121 Outstanding orders P 553 449 r Receipts 2/ P 292 323 New orders 2/ p 396 466 Merchandising Ratios 3 / 1955 July June # July 1954 June l95o-b4 Average July June Stocks to S a l e s e 2.9 3.4 2.8 3.4 2.9 Outstanding Orders t o Sales pl.7 1.2 1.5 1.0 1.8 1.1 Stocks p l u s Outstanding Orders t o Sales # p3.4 P5.1 4.0 4.9 3.8 5.2 4.0 Receipts t o S a l e s 2/ p0.9 0.8 0.9 0.8 0.9 0.8 r—Revised. 1 / Figures are based on the sample described i n the note below and are p r e sented here s o l e l y t o permit comparisons w i t h changes i n orders and r e c e i p t s . For monthly movements of t o t a l department s t o r e s a l e s and s t o c k s , r e f e r t o the r e g u l a r monthly s a l e s r e p o r t G.7.2 and stocks r e p o r t G . 7 . 4 . 2 , or t h e Federal Reserve B u l l e t i n . 2/ Receipts of goods are derived from the r e p o r t e d f i g u r e s on s a l e s and s t o c k s , Hew orders a r e derived from r e c e i p t s and r e p o r t e d f i g u r e s on outstanding orders, 3 / The f i r s t t h r e e r a t i o s a r e of stocks and/or orders a t the end of the month ?o s a l e s during the month. The f i n a l r a t i o i s based on t o t a l s of s a l e s and r e c e i p t s f o r t h e month. Note:—These f i g u r e s are not estimates f o r a l l department s t o r e s i n the United S t a t e s . They are t h e a c t u a l d o l l a r amounts r e p o r t e d by a group of department s t o r e s l o c a t e d i n v a r i o u s c i t i e s throughout the c o u n t r y . In 1954, s a l e s by the s e s t o r e s accounted f o r about 50 p e r cent of estimated t o t a l department s t o r e s a l e s . Figures f o r the most r e c e n t t h i r t e e n - m o n t h period are shown r e g u l a r l y i n t h e B u l l e t i n . For d e s c r i p t i o n and back d a t a , January 1939 t o August 1952, see Federal Reserve B u l l e t i n f o r October 1952, pp. 1098-1102, Back d a t a may be obtained from the Board's D i v i s i o n of Research and S t a t i s t i c s #