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>63

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
FOR BMEDIATE RELEASE
September 29, 1955

G . 7 . 1 . 1 ^ ^P-.KFV^
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IMENT STORE MERCHANDISI

• 0 t ^Af CHicWfflllBD STATES - AUGUST 1955

*
1

Amount
( i n millions of d o l l a r s )
1954

1955

August | July
0

0

Per cent change
August frcm
Month
Year
ago
ago

August

July

351

307

+18

+ 9

r1,096

1,045

+ 6

+ 5
+18

r

Sales 1 /

P 382

324

Stocks 1 /

pi,156

1,090

Outstanding orders

P

55o

554

r

466

472

- 1

Receipts 2/

P

448

292

r

402

282

+53

New orders 2 /

P

444

397

r

396

362

+12

•

+11
+12

Merchandising Ratios 3 /

e

0

•

1955

1954

July

1F50=5U Average
August i J iily

August

July

August

Stocks to Sales

P3.0

3.4

3.1

3.4

3.1

3.4

Outstanding Orders t o
Sales

pi.4

1.7

1.3

1.5

1.6

1.8

Stocks plus Outstanding
Orders t o Sales

P4.5

5.1

4.5

4.9

4.7

5.2

Receipts to Sales 2 /

pl.2

0.9

1.1

0.9

1,2

0.9

p—Preliminary.
r—Revised.
1/ Figures are based on t h e sample described i n t h e note below and are p r e sented here s o l e l y t o permit comparisons with changes i n orders and r e c e i p t s .
For monthly movements of t o t a l department store s a l e s and stocks, r e f e r to
the regular monthly s a l e s r e p o r t G.7.2 and stocks r e p o r t G , 7 . 4 . 2 , or t h e
Federal Reserve Built-, bin.
2/ Receipts of good-f'are derived from the reported f i g u r e s on s a l e s and stocks.
Few orders are 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 t h r e e r a t i o s are of stocks and/or orders a t the end of the month
Fo s a l e s 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 i n the
United S t a t e s . They are the a c t u a l d o l l a r 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. jn 1954,
s a l e s by these s t o r e s accounted for 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 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 , January 1939
t o August 1952, see Federal Reserve B u l l e t i n f o r October 1952, pp. 1098-1102.

Back data may be obtained from the Board's d i v i s i o n of Research and S t a t i s t i c s .