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G.7.4.1 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE JJune 28, 1961. DATA FTCB ».L1D«tBVE BAHteARTMENT STORE MERCHANDISING DATA Of CHV-^iU V selected • UNITED STATES - MAY 1961 CV% ^ series, based on retail aoiiar amounts / •£-) Vj Per cehfechange Amount May f rMi (In millions of dollars) Year Month I960 1961 ago ago May 1 April May | April 450 508 +10 + 5 rl,481 1,480 - 2 0 421 416 + 8 0 r 451 517 - 6 '- 1 419 r 456 477 +14 + 5 r Sales l/ p 474 430 Stocks l/ pi,474 1,502 Outstanding Orders p 419 387 r Receipts 2J p 446 473 New Orders 2/ p 478 H On H Merchandising Ratios 3/ May April May I960 | April 1956-60 Average May April Stocks to Sales P 3.1 3.5 3.3 2.9 3.0 3.2 Outstanding Orders to Sales P 0.9 0.9 0,9 0.8 0.8 0.8 Stocks plus Outstanding Orders to Sales P 4.0 4.4 4.2 3.7 3.9 4.0 Receipts to Sales 2/ P 0.9 1.1 1.0 1.0 0.9 1.1 r—Revised. p—Preliminary. 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. 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 I960, 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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