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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR IMifMATE RELEASE
May 31, A

0.7.4.1

DEPARTMENT STORE MERCHANDISING DATA
UNITED STATES - APRIL 1961

ni

CM^^Selected series, based on retail dollar amounts)
Per cent change
Amount
April from
(In millions of dollars)
Year
Month
1261.
1261.
ago
ago
April | March April | March
508

419

-10

-15

1,459 rl,480

1,471

+ 3

+ 1

386

441 r 416

456

-12

- 7

471

570 r

517

521

-17

- 9

537 r 477

462

-23

-13

Sales , /
1

p 430

Stocks if

pi,500

Outstanding Orders

P

Receipts 2/

P

New Orders 2/

p 416

479 r

Merchandising Ratios 3/
I960
1961
April 1 March April 1 March

1956-60 average
March
April

Stocks to Sales

P

3.5

3.0

2.9

3.5

3.2

3.2

Outstanding Orders
to Sales

p

0.9

0.9

0.8

1.1

0.8

1.0

Stocks plus Outstanding
Orders to Sales

p 4.4

4.0

3.7

4.6

4.0

4.2

Receipts to Sales 2/

p

1.2

1.0

1.2

1.1

1.2

1.1

p—Preliminary.
r—Revised,
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 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
IStates. 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 ob
tained from the Board's Division of Research and Statistics.