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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.