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7~- ?£>2) G.7.4.1 BOARD OF GOVERNORS OF THE FEDERAL, RESERVE SYSTEM FOR IMMEDIATE RELEASE February 2, i960. M" DEPARTMENT STORE MERCHANDISING DATA % UNITED STATES - DECEMBER 1959 (Selected series, based on retail dollar amounts) ^q.^6^ Per cem^C^atee Amount December from (In millions of dollars) Year Month 1958 1959 ago ago Nov. Dec. Nov. Dec. Sales 1/ P 937 578 r 912 538 +62 + 3 Stocks l/ P1309 1639 rl233 1567 -20 + 6 Outstanding Orders P 373 521 r 333 462 -28 +12 Receipts 2/ P 607 639 r 578 587 - 5 + 5 P 459 556 r 449 506 -17 + 2 Orders 2/ Merchandising Ratios 3/ 1954-58 Average | Nov. Dec. 1.4 2.7 Stocks to Sales Dec. 1.4 Outstanding Orders to Sales p 0.4 0.9 0.4 0.9 0.4 0.8 Tf H 00 1958 1959 Dec. Nov. 2.8 P 1-4 3.7 1.7 3-8 1.8 3-5 p 0.6 1.1 0.6 1.1 0.6 1.1 Stocks plus Outstanding Orders to Sales Receipts to Sales 2/ Nov, 2.9 p—Preliminary. r—Revised. l/ 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.y.4.2 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 1958, sales by these ^stores accounted for about 45 per cent of the 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.