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1928 - 19
MS HTI - 43
FEDERAL
RESERVE
BOARD
Retail Trade in the United States in June, 1928
•»
Retail trade was larger in June than in the corresponding month of l a s t
year, according to preliminary reports to the Federal reserve system. Sales
of 466 department stores were 2 per cent larger than in June, 1927, and those
of mail order houses and of five-and-ten cent. chain stores were larger by 24
per cent and 13 p e r c e n t , respectively#
^
As compared with trade in May of t h j s year, sales of department stores
in June continued in about the same volume and those of mail order houses
and five-and-ten cent chain stores were l a r g e r .
Department store sales were l a r g e r than in June a year ago, in eight
Federal resorve d i s t r i c t s and smaller in four d i s t r i c t s — t h e Philadelphia,
Atlanta, Minneapolis, and Kansas City d i s t r i c t s . The increases .were largest
in tlx) Cleveland and Chicago d i s t r i c t s where sales were approximately 5 per
cent l a r g e r than in Juno of l a s t yoar. Of the t o t a l number of department
stores reporting, 245 showed increases and 220 reported decreases.
Percentage changes in dollar sales between June, 1927, and June, 1928, .
together with the number of stores reporting are given in the following table•
Federal
resorve
district
Boston
New York
Phil adel phiec"
Cleveland
Richmond
""Atlanta"
Chicago
S t . Louis.
Minneapolis
Kansas City
Dallas
San Francisco
s Percentage of increase or
Number of s t o r e s
:decrease in sal es—June ,1925: Total
;
Number refoortinef
: compared .with- June. .192!?,
t revorti^g { Increase :j Decrem$
/»
'
Total
Mail order houses
Five-and-ten cent stores
+ 1.7
+ 3.5
- 0.9
+ 4.7
+ 3.4
- 1.1
+ 4.7
+ 1.3
- 3.0
— 0.8
+ 3.4
+ 1.7
+ 2.2
79
44.
76*
34
39
27
47
19
10
17
16
58
466
+24.4 (2 hous.es)
4-13.1 (8 chains)
* One s t o r e showed n e i t h e r increase or decrease.
45
26
44
21
24
• 11
24
8
3
5
10
24
34 . '
18
31 .
13
15
16
23
11
7 •
12,
6
' 34
245
220
@FedFRASER