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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.7.U.1

FOR IMMEDIATE RELEASE
"

,
IATA Ftti
, REFERENCE LIBRARY
FEDERAL RESERVE BANK

*

*

L l B & R Y
AUG

UNITEJ oTATES - JULY 1956
J.CO)

•

u r a t

DEPARTMLMT STORE MERCHAHDI ING DATA

UU.OGU.

VIJ,

Sales 1/

P 337

Stocks 1 /

pll73

Outstanding orders

iDLRAL RtSERVt

X U uci.JL.JL U. U-LJLcLl

Amount
(In millions of d o l l a r s )
1956
1955
J u l y | June
July
June
1*17 r 326

3 0 1956

July from
Month
Year
ago
ago

392

-19

+ 3

rl092

1127

- 1

+ 7

P 587

501 r 552

1*1*9

+17

+ 6

Receipts 2 /

P 323

329 r 291

323

- 2

+11

New orders 2 /

P 1*09

1*92 r 391*

1*62

-17

+ 1*

1187

Merchandising Ratios 3 /
1956
JulZ I J une

July

1955
June

1951-55 Average
July
June

Stocks to Sales

P 3.5

2.8

r 3.3

2.9

3.6

3.0

Outstanding Orders to
Sales

P 1.7

1.2

1.7

1.1

1.7

1.1

Stocks plus Outstanding
Orders t o Sales

P 5.2

1*.0

r 5.0

l*.o

5.2

b.l

Receipts t o Sales 2 /

p 1.0

0.8

0.9

0.8

0.9

0.8

r—Revised.
1 / Figures are based on the sample described i n t h e note below and are p r e sented here s o l e l y t o permit comparisons m 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 to 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.iu2, cr the
Federal Reserve B u l l e t i n ,
2 / Receipts of goods a r e derived from the reported f i g u r e s on s a l e s and s t o c k s .
New orders are derived from r e c e i p t s and reported f i g u r e s on outstanding orders,
3 / The f i r s t three r a t i o s are of stocks and/or orders a t t h e end of the month
t o sa?.es 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 arrl
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 t h e 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 located i n v a r i o u s c i t i e s throughout the country. I n 1955, s a l e s by
these s t o r e s accounted f o r about 50 per 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 thirteen-month period are shown
r e g u l a r l y i n the 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 to
August 1952, see Federal Reserve B u l l e t i n f o r October 1952, pp. 1098-1102.

Back data may be obtained from the Board's Division of Research and S t a t i s t i c s .