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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FOR IMMEDIATE RELEASE May 29, 1956 G.7.1.1 DEPARTMENT STORE MERCHANDISING DATA UNITED STATES - APRIL 1956 •SsaS- U8RARY s , based on r e t a i l d o l l a r amounts Pe,r, cent .change Amount " " April f M i (In millions of d o l l a r s ) Year 1955 1956 M I L MarApr. Apr. j Mar. S c IMI 1 r ^ 393 -10 - 7 1,216 1,195 + 3 + 8 370 -16 + 8 U5 U80 -iu - 2 376 1+35 -19 - 1+lU Sales 1/ P 385 U29 Stocks 1/ pi,312 1,271 Outstanding orders P 335 Uoi r 311 Receipts 2/ p U95 r New orders 2/ p 360 a6 r U26 U I k Merchandising Ratios 3 / 1956 Apr. Mgr. 1955 Mar. Apr. 1951-55 Average Apr. Mar. Stocks t o Sales P3.U 3.0 2.9 3.0 3.2 3.2 Outstanding Orders to Sales p0.9 0.9 r0.8 0.9 0.8 1.1 Stocks plus Outstanding Orders to Sales pU.3 3.9 3.7 U.o U.l U.3 Receipts t o Sales 2/ pl.l 1.2 1.1 1.2 1.1 1.2 p—Preliminary, 1/ Figures are based on the sample described in the note below and are p r e sented here s o l e l y to permit comparisons with changes in orders and r e c e i p t s . For monthly movements of t o t a l department store sales and stocks, r e f e r to the regular monthly s a l e s report G.7.2 and stocks report 0.7.1w2, or the Federal Reserve B u l l e t i n . 2/ Receipts of goods are derived from t h e reported f i g u r e s on s a l e s and stocks. New orders ape derived from r e c e i p t s and reported f i g u r e s on outstanding orders 3/ The f i r s t three r a t i o s are of stocks and/or orders at the end of the month t o sales during the 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 the month. Notes—These f i g u r e s are not estimates f o r a l l department s t o r e s in the United S t a t e s . They are the a c t u a l dollar amounts reported by a group of department s t o r e s located i n various c i t i e s throughout t h e country. In 1955* s a l e s by these s t o r e s accounted f o r about 50 per cent of estimated t o t a l department s t o r e s a l e s . Figures f o r the most recent thirteen-month period are shown r e g u l a r l y i n the B u l l e t i n . For description and back data, January 1939 t o August 1952, see Federal Reserve Bulletin f o r October 1952, pp. 1098-1102. Back data may be obtained from the Board's Division of Research and S t a t i s t i c s .