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F E D E R A L

S E S I E V S

B O A R D
R&S RTI - 55
July 8, 1929

RETAIL TRADE IN -JUNE, 1929
Preliminary report
Department store sales in the aggregate for June were one per cent larger than
in the corresponding month a year ago, .according to preliminary reports made to the
federal reserve system by 448 stores; on a daily average "basis,. however, the sales
?ere 5 P e r cent larger than a year ago.
Increase in total sales was reported by
204 stores and decrease by 244 stores.
The change in sales varied considerably for different parts of the country,
ranging from an increase of 9 per cent in the Minneapolis Federal reserve district
to a decrease of 7 per cent in the Atl&nta district.
Percentage changes in total sales between June, 1928, and June, 1929, are
given by districts in the following table:

Federal
reserve
district
United States
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St, Louis
Minneapolis
Kansas City
Dallas
San Francisco

Note,

-

Percentage of increase or decrease in sales—June, 1929,
comnared with June. 1928

Number of stores
report i n s Increase : Decrease

+ 1,4

204

244

~ 2.6
+ 4,4
- 2.2
+ 2,3
+5,0
- 6,5
+ 4.8
+ 1*4
+ g,j
t 5*1
•« 2,4
- 0.1

30
25
iq
15
24
6
22
7
7
13
11
25

51
15
21
19
15
17
38
11
g
6
10
33

The month had 25 business days this year, 26 last year.




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