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T - H 3
SYSTEM

BOARD OF GOVERNORS OF THE FEDERAL
If,

%< ' %

^

IMMEDIATE RELEASE
aary 4, 1956

DEPARTMENT STORE M E R Q I A N D ^ ^ D A W
UNITED STATES - NOVEMBER

%

Selected series, based on retail dollar amounts
Per cent change
Amount
November from
(In millions of dollars)
xear
Month
1954
1955
ago
Oct.
ago
Nov.
Nov.
Oct.
513

439

+15

+ 6

rl,327

1,275

+ 5

+ 7

581 , 406

479

-16

+ 20

613

579 r

565

524

+ 6

+ 8

520

584 r

492

515

-11

+ 6

Sales 1j

P

546

U73

Stocks 1/

Pi>417

1,350

Outstanding orders

p

488

Receipts 2/

P

New orders 2/

p

r

Merchandising Ratios 3/
1955
Sov.
Oct*

1954
Oct.
Nov.

1950-54 Average
Nov. | Oct.

Stocks to Sales

p2.6

2.9

2.6

2.9

2.7

3.0

Outstanding Orders to
Sales

p0.9

1.2

0.8

1.1

0.9

1.2

Stocks plus Outstanding
Orders to Sales

P3.5

4.1

3.4

4.0

3.6

4.2

Receipts to Sales 2/

pl.l

1.2

l.l

1.2

1.1

1.2

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 montnly movements of total department store sales and stocks, refer to
the regular monthly sales report 0.7.2 and stocks report G.7.4.2, or the
Federal .rteser^b Bulletin.
2/ .Receipts of gouTf 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 195b,
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 193?
to August 1952, see FederaltieserveBulletin for October 1952, pp. 1098-1102.
Back data may be obtained from the Board's division of Research and Statistics.