The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
t BOAHD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For release in morning papers Tuesday, August 11 August 8, 1936 R&S r t p - 140 DEPARTMENT STORE SALES IN JULY 1936 Preliminary report Department store sales were b e t t e r sustained i n July than i s usual in that month and the Board's index, which allows f o r a seasonal decline, increased from 88 percent of the 1923-1925 average in June to 91 percent in J u l y . This level i s the highest since the middle of 1931 and compares with an average of 79 percent during 1935* Total sales in July were l 4 percent larger and f o r the f i r s t seven months of the year 11 percent l a r g e r than in the corresponding periods of 1935* REPORTS BY FEDERAL RESERVE DISTRICTS ' Percentage change from a year ago January 1 July* to July 11 Number of stores reporting Number of cities included +l4 +11 519 262 Boston New York Philadelphia Cleveland +12 +10 +10 56 55 33 30 15 Richmond Atlanta Chicago St. Louis +15 Total Federal Reserve d i s t r i c t s : Minneapolis Kansas City Dallas San Francisco +17 +13 +16 +12 +l6 +8 +9 +b +22 +12 +10 +11 +10 +12 32 21 56 10 26 21 +11 ?64 +9 37 +9 +9 44 19 +11 22 12 10 79 29 +17 32 20 24 * J u l y f i g u r e s preliminary; in most c i t i e s the month had the same number of "business days t h i s year and l a s t year. Note:—-The Board's seasonally adjusted index of department s t o r e s a l e s lias been revised. Back f i g u r e s , which were published in the Federal Reserve Bulletin f o r August 193^1 may be obtained by request to the Division of Research and Statistics,
@FedFRASER