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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.