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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*