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T- 7i 3 G.7.4,1 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE June 28, ...» cjLt nQftflY RtftRtHCt baNK OF JDJKFAKimriT STUHJS MERCHANDISING DATA UNITED STATES - MAY i960 V vy ^X> r NfS. ^ V Selected series, based on retail dollar amounts) Amount Per ceni&3§hange (In millions of dollars) May from I960 Month Year 1959 May April May ago ago April Sales l/ p 448 507 Stocks l/ pl>457 1,473 Outstanding Orders P 417 417 r Receipts 2/ P 432 512 New Orders 2/ P 432 473 r 455 434 -12 - 2 rl,371 1,409 - 1 + 6 415 380 0 0 r 417 477 -16 + 4 r 452 435 - 9 - 4 Merchandising Ratios _3/ May I960 ii ! April ! May 1959 April 1955-59 Average May April Stocks to Sales P 3.3 2,9 3.0 3.2 3.0 3.2 Outstanding Orders to Sales P 0,9 0.8 0.9 0.9 0.8 0.8 Stocks plus Outstanding Orders to Sales P 4.2 3.7 3.9 4.1 OO O Receipts to Sales 2/ p 1.0 1.0 0.9 1,1 0.9 1.1 p—Preliminary. r—Revised, l/ 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 orders. 2/ 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 1959, sales by these stores accounted for about 45 per cent of the 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,
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