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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE ^j5fiW b e r 29, l?5U ^ X 4 TMENT STORE MERCHANDISING ^ T A G.7.1.1 UNITED STATES - NOVEMBER <&*•«£,.. *"2* ^ /$g. l Amount 0At percent change '(November from (In millions of dollars) Year Month 1953 195U ago ago Nov. | Oct. Nov. | Oct. U83 hhh +16 + 5 1,268 rl,335 1,305 + U — l 372 U62 -16 + 8 521 r 513 536 + 7 +9 512 r U23 506 - 5 +15 r Sales 1/ P Stocks 1/ pi,318 Outstanding orders P U03 hi 7 r Receipts 2/ P 559 New orders 2/ P U85 509 U37 Merchandising Ratios 3/ 195 U Nov. Oct. Stocks to Sales 1953 Oct. Nov. 1949-53 Average Nov. Oct. P2.6 2.9 2.8 2.9 2.7 2.9 p0.8 1.1 0.8 1.0 0.9 1.3 Stocks plus Outstanding Orders to Sales p3.U U.o r3.5 U.o 3.7 U.2 Receipts to Sales 2/ pl.l 1.2 rl.l 1.2 1.1 1.2 Outstanding Orders to Sales p—Preliminary. 1/ Figures are based on the sample described in the note below and are presented here solely to permit comparisons with changes in orders and receipts. For monthly movements of total department store sales and stocks, refer to the regular monthly sales report G.7.2 and stocks report G.7.U.2, or the Federal Reserve Bulletin. 2/ Receipts of goods are derived from the reported figures on sales and stocks. Few orders are derived from receipts and reported figures on outstanding orders, 3/ The first three ratios are of stocks and/or orders at the end of the month ¥o sales during the month. The final ratio is based on totals of sales and receipts for the month# Note:—These figures are not estimates for all department stores in the United States. They are the actual dollar amounts reported by a group of department stores located in various cities throughout the country. In 1953, sales by these stores accounted for about 50 per cent of estimated total department store sales. Figures for the most recent thirteen-month period are shown regularly in the Bulletin. For description and back data, January 1939 to August 1952, see Federal Reserve Bulletin for October 1952, pp. 1098-1102. Back data may be obtained from the Board's Division of Research and Statistics.
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