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P- 7 £>3
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR DMED
July 3, 1
DEPARTMENT STORE MERCHANDISING DATA

^p.7.4.1

M'

e

UNITED STATES - May 1957
Selected series, based on retail
Amount
(In millions of dollars)
1957
1956
May | Apr.
May | Apr.

Sales 1/

P

45o

441

Stocks 1/

pl,353

1,381

Outstanding orders

P

355

346

r

Receipts 2/

P

122

466

New orders 2/

e

RELEASE

P

431

398

•

r

Per cent changesuu
May from
Month
Year
ago
ago

442

388

+ 2

+ 2

rl,284

1,320

- 2

+ 5

340

337

+ 3

+ 4

r

406

426

+ 4

r

409

361

- 9
+ 8

+ 5

Merchandising Ratios 3/

#

1957
May | Apr,

1956
May | Apr,

May

1952-56
average
Apr.

#

Stocks to Sales

3.0

3.1

2.9

3.4

3.0

3.1

Outstanding Orders to
Sales

e

0.8

0.8

0.8

0.9

0.8

0.8

Stocks plus Outstanding
ing Orders to Sales

3.8

3.9

3.7

4.3

3.7

3.9

Receipts to Sales 2/

0.9

1.1

0.9

1.1

0,9

1.1

JT

•

x — — V l D C U o

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 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 orders6
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.
Notei—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 countrye In 1956, 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
^^escription and back data, January 1939 to August 1952, see Federal Reserve Bulletin
October 1952, pp. 1098—1102. Back data may be obtained from the Board's
Division of Research and Statistics*