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RESERVE FEDERAL statistic 9 release FOR IMMEDIATE RELBAS&. September£2g^, G . 7 . W A FILE LIBRARY FEDERAL RESERVE BAMM Of CHICAGO ), % • V DEPARTMENT STORE MERCHANDISING DATA UNITED STATES-AUGUST I96I loelecteid series, based on retail dollar amcnmts; Per cent change Amount August from (In millions of dollars) Year Month I960 1961 1 ago ago Aug. I July Aug. | July * * 454 376 ' +20 + 3 r 1,476 1,381 + 7 0 r 631 680 - 6 + 3 376 jr 549 368 449 + 2 446 jr 500 428 +17 + 4 Sales l/ p 467 389 Stocks l/ p 1,469 1,376 Outstanding Orders p 649 689 Receipts 2/ p 560 ^^ew Orders 2/ p 520 r Merchandising Ratios!/ 1956-60 Average I960 July Aug. Aug. July 3.1 3.5 3.7 r 3.3 Stocks to Sales 1961 Aug. July 3.1 3.5 Outstanding Orders to Sales 1.4 1.8 1.4 1.8 1.4 1.7 Stocks plus Outstanding Orders to Sales 4.5 5.3 4.6 5.5 4.5 5.2 Receipts to Sales 2/ 1.2 1.0 1.2 1.0 1.2 1.0 p--Preliminary. r—Revised if 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 0.7.2 and stocks report 0.7.4.2 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 ^&tores 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.