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1927 - 34
BScS Hfcl - 36
F E D E R A L

H E S E R V E

STATWWH

B O A R D

FOR THE PRESS

For release in morning papers,
Saturday; December 10, 1927.
Betail Trade in the United States in November, 1927.
Sales in November of 541 department stores reporting to the Federal
reserve system were one per cent larger than is November of last year. Sales
of two mail order houses and of eight five-and-ten cent chain stores were 7
and 8 per cent larger, respectively.
Reports from department stores by Federal reserve districts show that
sales were larger than last year in six districts—the largest increases being
in the New York, Chicago, and San Francisco districts. In the other six districts sales were smaller and the largest declines were in the Philadelphia,
Richmond, and Atlanta districts. Of the total number of department stires
(541) reporting for the country as a whole4 252 showed xarger sales, wiiile
289 showed declines.
Percentage changes in dollar sales between November 1926, and November,
1927, and the number of stores reporting are given in the following table;

Federal
Reserve
District

:Percentage of increase nr de-:
number of stores—
:crease in sales - Nov., 1927 : Total
: Number reporting
:compared with November. 1926 : reporting: increase ;Decrease

Boston
New- York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total

1.0
5.1
3.7
1.5
4.2
6.1
4.8
1.1
0.2
0.9
C.2
4.8

88
55
85
42
45
31
49
20
15
25
19
67

43
27
29
16
2C
10
23
7
8
12
10
. 47

45

+ 1.0

551

252

289

+
+
+
+
+
+

+ 7.0
Mail order houses
Five-and-ten-cent stores+7.8




(2 houses)
(8 chains

28

56
26
25
21
26
13
7
13
9
20


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102