Release: NBER Macrohistory Database
Both Series From Which NBER Derived This Variable Were Deflated By The Federal Reserve Bank Of New York Price Adjustor -- For Stocks: The 1929 Census End Of The Year Stock Figure ($980 Million) Was Deflated By The Average Of December 1929-January 1930 Price Adjustor (91.35), Giving An End Of The Year Deflated Dollar Value Of $1072.8 Million. This Was Then Extrapolated Along The Federal Reserve Board Index Of Deflated Stocks. For Sales: 1929 Average Monthly Census Sales ($325 Million) Was Deflated By The 1929 Annual Average Price Adjustor (91.9) Giving A Deflated Dollar Value Sales Figure Of $353.6 Million. This Was Extrapolated Along The Federal Reserve Board Index Of Deflated Sales. Source: Computed By NBER From Series (Index Of Department Store Stocks, Unadjusted) And Series (Index Of Department Sales, Unadjusted)
This NBER data series m06002c appears on the NBER website in Chapter 6 at http://www.nber.org/databases/macrohistory/contents/chapter06.html.
NBER Indicator: m06002c
National Bureau of Economic Research, Deflated Purchases of Department Stores for United States [M0602CUSM144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M0602CUSM144NNBR, September 26, 2016.