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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM ••"iPQR IMMEDIATE RELEASE A May 26, 1955 G.7.4.1 DEPARTMENT STORE MERCHANDISING UNITED STATES - APRIL 1955 — Amount %> c e n t change ( I n m i l l i o n s of d o l l a r s ) % . p r i l from _TF55 Year Month mu "Apr. j Mar. ago * ago Apr. j Mar. - hOb 353 + 5 + 2 1,190 rl,l86 1,177 + 2 + 2 308 367 281 344 -16 +10 P 433 i+77 r 413 459 - 9 + 5 P 374 430 r 350 399 -13 + 7 Sales 1/ P 413 392 Stocks 1 / pi,210 Outstanding o r d e r s P Receipts 2/ New o r d e r s 2/ r Merchandising R a t i o s 3 / xApr. 1955 Mar. Apr. 1954 1 Mar. 1950-54 average Apr. Mar. Stocks t o S a l e s P2.9 3.0 2.9 3.3 3.2 3.2 Outstanding Orders t o Sales P0.7 0.9 0.7 1.0 0.8 1.1 Stocks p l u s o u t s t a n d i n g Orders t o S a l e s P3.7 4.0 3.6 4.3 4,1 4.3 Receipts to Sales 2/ pl.O 1.2 l.o 1.3 l.l 1.2 p—Preliminary. r—Revised. 1 / F i g u r e s a r e based on t h e sample d e s c r i b e d i n t h e n o t e below and a r e p r e s e n t e d Here s o l e l y t o p e r m i t comparisons with changes i n o r d e r s and r e c e i p t s . For monthly movements of t o t a l department s t o r e s a l e s and s t o c k s , r e f e r t o t h e r e g u l a r monthly s a l e s r e p o r t ti.7.2 and s t o c k s r e p o r t 0 . 7 . 4 . 2 , or t h e F e d e r a l Reserve B u l l e t i n . 2 / R e c e i p t s of goods a r e d e r i v e d from t h e r e p o r t e d f i g u r e s on s a l e s and s t o c k s . New o r d e r s a r e d e r i v e d from r e c e i p t s and r e p o r t e d f i g u r e s on o u t s t a n d i n g o r d e r s . 3 / The f i r s t t h r e e r a t i o s are of s t o c k s a n d / o r o r d e r s a t t h e end of t h e month t o s a l e s d u r i n g t h e month. The f i n a l r a t i o i s based on t o t a l s of s a l e s and r e c e i p t s f o r t h e month. Note:—These f i g u r e s a r e not e s t i m a t e s f o r a l l department s t o r e s i n t h e United S t a t e s . They a r e t h e a c t u a l d o l l a r amounts r e p o r t e d by a group of department s t o r e s l o c a t e d i n v a r i o u s c i t i e s throughout the c o u n t r y . I n 1954, s a l e s by t h e s e s t o r e s accounted f o r about 50 p e r cent of e s t i m a t e d t o t a l department s t o r e s a l e s . F i g u r e s f o r t h e most r e c e n t t h i r t e e n - m o n t h p e r i o d a r e shown r e g u l a r l y i n t h e B u l l e t i n . For d e s c r i p t i o n and back d a t a , J a n u a r y 1939 t o August 1952, see F e d e r a l Reserve B u l l e t i n f o r October 1952, p p . 1098-1102. Back d a t a may be o b t a i n e d from t h e B o a r d ' s D i v i s i o n of Research a n d S t a t i s t i c s .
@FedFRASER