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T BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM ') t FOR IMMEDIATE RELEASE f28, 1954 0.7.U.1 c^Jffl?&»ENT STORE MERCHANDISING DATA v - i „ n ,4UL UNITED STATES - JUNE 195k 2 3 1954 FEDEKAL RESERVE sy * Amount (In millions of dollars) 1953 1954 June May June j May Percent change June from Month Year ago i ago 391 + 2 0 pi,071 1,161 rl,lll 1,190 - 8 - 4 Outstanding orders P 383 247 r 458 320 +55 -16 Receipts 2/ p 288 350 r 300 362 —18 — 4 New orders 2/ P 424 318 r 438 356 +33 - 3 Sales 1/ P Stocks 1/ 378 r 372 379 Merchandising Ratios 3/ 1953 " 1954 19u9-i?3 Average June May 3.0 2.9 3.0 1.2 0.8 1.1 0.7 3.8 rl*.l 3.9 4.0 3.7 0.9 0.8 0.9 0.8 0.9 June May 2.9 0.7 P3.8 p0.8 June May Stocks to Sales p2.8 3.1 Outstanding Orders to Sales pl.O Stocks plus Outstanding Orders to Sales Receipts to Sales 2/ | p—Preliminary. r—Revised. 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 the monthly movements of total department store sales and stocks, refer to the regular monthly sales report G.7.2 and stocks report G.7.4.2, 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 fo 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 1953, 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*