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\ ~ V t>3 BOARD OF GOVERNORS OF tHE FEDERAL RESERVE SYSTEM February 1, 195k G.7*tul w DEPARTMENT STORE MERCHANDISING DATA — DECEMBER (Selected series, based on retail value f j^gr^s) Zss< Amount (in millions of dollars 1952 1933 Nov. Dec, Dec. Nov gS- 738 U66 +53 - 1 rl,@22 rl,280 -21 + 2 371 r 365 r U57 -22 -20 UU1+ 507 r 1+80 r 509 -12 - 8 361+ U16 r 388 r 38 9 -13 - 6 728 1+77 Stocks 1/ pi, Ola 1,327 Outstanding orders p 291 Receipts 2/ P p New Or del s P 2/ Mon™ ago nt change r from r Merchandising Ratios 3/ 1953 Nov. Dec. 1952 Nov, Dec. 191+8-52 Average Nov. Dec, Stocks to Sales pi.U 2.8 I.u 2.7 1.1+ 2.7 Outstanding Orders to Sales pO.U 0.8 0.1+ 1.0 0.5 0.9 Stocks plus Outstanding Orders to Sales pi.8 3.6 1.9 3.7 2.0 3.6 Receipts to Sales 2/ p0.6 1.1 0.7 1.1 0»6 1.1 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 0.7.2 and stocks report G.7.1+.2, or the Federal Reserve Bulletin. 2/ Receipts of goods are derived from the reported figures on sales and stocks. New 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 to 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 1952, 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.