The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM For r e l e a s e i n morning papers Saturday! December 10 December 8, 1938 &&S r t p - 168 DEPARTMENT STORE SALES IN NOVEMBER 1938 Preliminary Report Department s t o r e s a l e s increased by considerably more than t h e u s u a l seasonal amount from October to November and t h e B o a r d ' s a d j u s t e d index r o s e from 84 p e r c e n t to 88 p e r c e n t . The index i s shown below f o r t h e l a s t t h r e e months and f o r November 1937• Index of department s t o r e s a l e s 1923-1925 average = 100 Adjusted f o r seasonal v a r i a t i o n Without seasonal adjustment Nov# 1228 Oct# Sept. 1937 Nov, 88 $8 84 92 86 31 SI 101 T o t a l s a l e s i n November were 3 percent l e s s and i n t h e f i r s t eleven months of the y e a r 9 percent l e s s than i n t h e corresponding p e r i o d s of 1937. REPORT BY FEDERAL RESERVE DISTRICTS Percentage change from a y e a r aso Eleven November* months Number of stores reporting Number of cities included -3 -9 542 238 +3 -5 -9 -3 -5 -8 -13 -15 52 55 31 36 32 27 l4 11 Richmond Atlanta Chicago S t . Louis -2 44 **5 •44 -4 -14 —6 55 29 ? 34 28 18 24 17 Minneapolis Kansas C i t y Dallas San Francisco +1 -1 -5 +1 -3 -6 -3 —8 35 21 20 91 17 15 8 27 Total F e d e r a l Reserve d i s t r i c t s : Boston New York Philadelphia Cleveland g •November f i g u r e s p r e l i m i n a r y ; in most c i t i e s the month had t h e same number of b u s i n e s s days t h i s year and l a s t y e a r .
@FedFRASER