Excerpts of the President's News Conference
I haven't a great amount of information concerning the business situation, but I was advised this morning by the Department of Commerce that the last six months, according to their reports, was better than the first six months of the year 1928 and was up to the standard of 1927. So far as they can determine present conditions in business throughout the country are good and the prospect for the immediate future seems to be as good as usual.
Source: "The Talkative President: The Off-the-Record Press Conferences of Calvin Coolidge". eds. Howard H. Quint & Robert H. Ferrell. The University Massachusetts Press. 1964.
Calvin Coolidge, Excerpts of the President's News Conference Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/349285