Percentage of Michigan retailers reporting increase (% Rep. Inc.), no change (% No Ch.) or decrease (% Rep. Dec.) in activity from same month, previous year.

* Index = Seasonally adjusted diffusion index. A diffusion index, which is the sum of the percent of respondents indicating increase and half the percent indicating no change, is calculated and then seasonally adjusted using the U.S. Census Bureau's X-11 Seasonal Adjustment procedure. Index values above 50 generally indicate an increase in activity, while values below 50 indicate a decrease.

Corrent Performance
3-Month Outlook
3-Month Outlook 1994-2008

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2008	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	23	11	66	30.4	15	31	54	35.7	35	46	19	58.9	39	50	11	61.9	5	68	27	39.1
November	23	12	65	28.8	23	36	41	40.1	38	46	16	61.5	48	41	11	68.5	2	69	29	36.7
October	29	13	58	34.9	29	31	40	40.9	41	46	13	63.1	33	57	10	58.7	6	65	29	37.5
September	28	13	59	40.7	28	31	41	42.8	47	43	10	69.6	34	52	14	60.9	6	68	26	41.1
August	32	16	52	40.0	33	31	36	44.7	53	40	7	73.4	38	53	9	64.8	10	69	21	44.5
July	38	17	45	48.1	22	37	41	42.8	50	41	9	71.8	34	56	10	63.8	10	65	25	42.8
June	34	11	55	36.3	27	36	37	44.1	49	46	5	70.6	39	51	10	63.7	10	71	19	44.9
May	38	17	45	43.4	28	38	34	43.7	45	46	9	68.9	30	62	8	62.0	10	73	17	44.8
April	36	19	45	43.3	35	28	37	46.4	55	40	5	73.8	37	54	9	62.0	7	74	19	44.3
March	28	18	54	35.6	28	40	32	44.6	52	40	8	72.2	35	54	11	61.8	7	73	20	43.3
February	29	22	49	42.2	22	36	42	41.4	53	38	9	70.3	32	54	14	60.2	6	72	22	43.2
January	37	17	46	47.5	20	44	36	49.0	44	47	9	67.4	29	64	7	64.8	2	72	26	38.4

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2007	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	30	14	54	38.5	28	32	35	55.3	45	43	8	66.6	38	51	6	61.7	6	68	15	40.2
November	42	13	44	48.1	38	36	21	60.8	39	55	3	69.8	47	44	5	68.6	9	78	9	48.9
October	44	16	39	52.0	37	34	23	51.2	43	43	8	66.6	38	49	7	60.1	12	70	8	46.9
September	35	16	47	46.5	32	30	33	44.6	28	53	10	55.0	29	54	9	55.8	11	66	16	45.0
August	42	20	36	52.4	31	40	24	46.8	29	59	6	59.5	24	62	8	54.7	12	77	7	50.5
July	46	13	32	55.3	27	28	32	41.9	28	56	8	56.3	28	54	7	55.9	12	62	15	42.9
June	45	23	32	52.1	31	43	23	51.3	31	60	5	61.9	28	63	6	60.4	14	73	10	49.9
May	47	19	32	54.1	27	39	30	46.5	37	52	6	64.4	35	50	10	61.8	11	74	8	46.6
April	35	13	47	39.7	27	39	24	43.2	32	52	8	56.8	37	49	8	60.4	9	67	12	41.7
March	43	15	38	49.0	30	44	20	47.1	28	55	8	52.7	35	51	6	60.8	11	66	16	43.0
February	36	18	40	46.9	33	34	23	52.0	26	57	10	53.5	24	59	6	53.8	9	67	12	43.6
January	36	22	37	50.4	25	31	32	45.7	32	50	8	56.3	32	47	10	57.0	9	62	17	40.5

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2006	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	39	14	47	48.0	30	34	36	58.6	41	51	8	64.7	37	52	11	62.7	9	75	16	47.4
November	41	16	43	50.4	34	33	33	63.4	36	48	16	62.2	31	57	12	58.8	9	77	14	48.8
October	36	16	48	44.2	36	36	28	50.2	35	55	10	64.0	40	54	6	64.2	15	75	10	52.5
September	39	17	44	50.6	30	40	30	45.6	35	58	7	63.4	29	65	6	60.3	9	79	12	49.9
August	31	13	56	37.3	27	38	35	41.2	39	54	7	68.6	29	65	6	60.9	7	82	11	47.4
July	32	13	55	38.8	25	46	29	47.4	39	55	6	67.9	26	69	5	63.5	7	82	11	47.4
June	40	19	41	44.1	33	36	31	51	33	61	6	64	24	69	7	56.9	8	81	11	47.6
May	39	19	42	47.4	35	42	23	55.5	36	57	7	64.9	26	67	7	60.3	9	82	9	48.2
April	39	14	47	42.4	33	38	29	48.3	40	54	6	65.4	24	67	9	56.2	8	82	10	47.5
March	36	16	48	42.0	28	45	27	45.7	32	61	7	60.1	28	68	4	62.7	9	84	7	50.5
February	36	19	45	47.5	29	33	38	45.3	42	54	4	68.6	30	63	7	61.6	6	86	8	50.7
January	43	15	42	54.3	24	37	39	47.4	38	57	5	64.9	29	64	7	63.6	6	86	8	49.0

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2005	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	39	12	49	47.7	20	34	46	47.0	36	58	6	64.0	34	56	10	62.6	10	79	11	51.1
November	35	17	48	45.8	33	34	33	62.9	36	56	8	65.1	32	58	10	59.5	10	80	10	52.5
October	40	13	47	48.4	34	36	30	50.0	37	59	4	67.9	29	65	6	56.8	7	84	9	49.4
September	32	12	56	39.6	34	35	31	46.1	31	63	6	62.1	30	65	5	60.3	7	78	15	47
August	38	14	48	46.6	33	37	30	44.6	34	59	7	67.1	31	65	4	64.3	9	78	13	47.2
July	35	18	47	43.1	30	35	35	46.7	32	59	9	62.1	27	65	8	62.0	11	76	13	48.5
June	45	12	43	47.1	34	34	32	53.3	40	52	8	67.3	36	57	7	63.8	11	78	11	49.4
May	39	15	46	45.9	42	34	24	58.1	34	58	8	62.1	30	60	10	61.4	10	79	11	47.7
April	41	11	48	41.6	37	31	32	48.8	40	53	7	64.5	37	56	7	65.1	7	83	10	47.1
March	38	16	46	44.1	37	36	27	49.3	40	56	4	65.9	29	63	8	60.7	9	80	11	47.6
February	35	13	52	40.8	32	31	37	46.2	36	56	8	63.9	27	66	7	60.2	4	84	12	46.6
January	34	15	51	44.4	26	30	44	44.9	33	61	6	61.9	21	69	10	58.0	7	85	8	49.8

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2004	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	37	15	48	48.3	29	29	42	55.4	26	65	9	57.1	42	53	5	70.2	5	79	16	45.9
November	40	15	45	48.9	34	31	35	63.1	32	62	6	65.0	35	63	2	65.2	3	90	7	51.1
October	42	15	43	52.9	40	32	28	54.2	21	72	7	58.7	32	63	5	58.3	9	81	10	49.0
September	37	13	49	45.0	37	32	30	47.9	30	62	7	61.5	30	61	8	59.3	10	77	12	49.0
August	40	15	45	48.4	43	32	25	51.9	25	68	7	61.1	26	68	6	60.5	9	85	6	50.8
July	42	13	45	44.6	36	34	30	55.7	32	56	11	61.1	30	64	6	60.7	8	84	8	49.0
June	44	15	41	51.7	31	41	28	51.5	33	64	3	64.4	28	69	3	64.1	12	82	6	51.3
May	35	16	49	39.2	40	37	23	55.0	28	66	6	59.6	30	66	4	63.7	13	79	8	51.7
April	52	13	35	56.7	41	37	22	53.6	31	64	5	61.7	27	69	4	61.6	15	75	10	51.2
March	52	14	34	59.9	35	34	31	49.6	27	69	4	60.7	28	68	4	61.6	10	80	10	51.1
February	41	20	39	53.1	30	33	37	50.7	25	69	6	58.2	26	67	7	61.3	4	85	11	46.5
January	39	17	44	49.9	23	31	46	48.9	29	66	5	60.5	26	68	6	63.0	8	82	10	50.3

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2003	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	45	13	42	51.3	26	29	45	50.8	24	67	9	58.5	32	63	5	61.9	6	83	11	50.8
November	38	15	47	47.2	41	28	31	53.9	22	72	6	59.8	39	56	5	62.2	8	85	7	51.9
October	41	19	40	53.7	39	38	23	52.7	24	72	4	60.6	33	62	5	62.3	8	87	5	53.2
September	42	18	40	53.1	39	38	23	51.3	13	84	3	56.9	30	65	5	63.0	9	83	8	49.4
August	40	16	44	44.3	36	33	31	52.5	21	72	7	57.6	19	75	6	57.7	7	84	9	47.9
July	50	11	39	54.3	28	38	34	49.1	20	70	10	55.5	20	74	6	56.2	7	85	8	48.4
June	37	13	50	42.6	32	38	30	50.6	20	72	8	54.5	26	67	7	61.4	13	78	9	50.9
May	43	12	45	45.8	35	34	31	48.8	20	76	4	56.7	26	69	5	60.8	13	76	11	50.4
April	36	14	50	43.0	33	41	26	47.9	24	69	7	57.6	28	66	6	61.8	10	76	14	46.2
March	34	11	55	39.2	33	30	37	45.6	21	70	9	55.0	29	66	5	61.9	6	79	15	45.4
February	27	12	61	34.3	26	34	40	45.7	27	64	9	57.9	24	67	9	59.9	6	81	13	46.6
January	29	12	59	35.6	21	34	45	47.1	28	63	12	58.5	26	67	7	61.5	7	80	13	48.5

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2002	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	28	13	59	33.1	23	30	47	48.8	24	64	12	57.4	31	59	10	58.6	5	80	15	47.8
November	31	9	60	36.1	31	39	30	49.1	20	72	8	56.8	36	58	6	58.9	9	81	10	51.0
October	30	14	56	39.1	38	33	29	48.5	23	70	7	59.0	33	60	7	60.9	5	85	10	48.0
September	33	10	57	39.0	39	39	22	52.5	18	74	8	56.7	26	68	6	60.2	10	79	11	47.4
August	37	12	51	40.1	33	39	28	51.1	20	73	7	57.3	23	71	6	60.1	10	82	8	49.8
July	43	11	46	48.3	30	41	29	52.5	22	70	8	56.5	31	62	7	61.6	9	84	7	50.5
June	38	16	46	44.3	35	37	28	51.9	22	74	4	57.9	23	71	6	59.3	9	83	8	49.2
May	46	12	42	51.3	38	35	27	51.1	23	72	5	58.4	25	71	4	60.6	8	86	6	50.8
April	39	16	45	46.0	39	39	22	53.3	21	73	6	57.0	26	69	5	60.8	11	82	7	49.7
March	41	12	47	46.0	38	40	22	55.6	20	75	5	55.5	27	69	4	61.2	11	82	7	52.4
February	41	17	42	51.9	29	41	30	53.1	23	71	6	57.1	26	68	6	63.6	8	88	4	52.6
January	42	17	41	56.1	25	37	38	56.1	21	70	9	56.5	20	72	8	59.4	7	86	7	52.6

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2001	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	45	13	42	49.8	24	33	43	51.8	19	76	5	58.5	33	59	8	60.6	5	87	8	51.2
November	43	12	45	49.2	33	38	29	50.8	21	69	10	56.0	38	58	4	61.1	7	84	9	50.1
October	41	12	47	49.2	41	37	22	53.0	19	75	6	57.5	29	65	6	59.4	8	81	11	48.9
September	27	9	64	32.9	39	37	24	51.9	23	71	6	60.8	25	68	7	59.6	10	77	13	46.6
August	47	13	40	49.2	30	37	33	47.4	20	74	6	58.5	23	72	5	61.0	12	80	8	50.2
July	35	15	50	42.2	27	40	33	48.4	21	72	7	57.0	27	68	5	60.5	11	82	7	51.1
June	37	13	50	41.3	30	36	34	47.3	22	75	3	57.1	21	72	7	58.2	13	81	6	51.6
May	40	15	45	46.3	35	37	28	49.6	23	71	6	57.7	24	66	10	57.0	12	77	11	49.8
April	37	19	45	45.6	36	43	21	51.9	25	69	6	58.3	21	70	9	56.1	27	62	11	55.5
March	35	15	50	41.5	36	35	29	51.0	26	68	6	57.7	25	69	6	59.2	9	83	8	51.1
February	36	15	49	45.6	32	37	31	54.0	27	66	7	58.6	22	69	9	59.4	12	79	9	52.7
January	40	12	48	51.1	30	30	40	58.3	29	62	9	59.7	23	68	9	60.6	7	83	10	50.9

 

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
2000	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	25	12	63	29.9	29	30	41	55.4	19	73	8	56.7	33	58	9	59.8	7	82	11	51.2
November	34	12	54	40.7	41	36	23	57.5	23	68	9	57.1	33	57	10	55.9	6	85	9	49.3
October	36	13	51	43.8	47	34	19	57.1	18	77	5	58.0	26	70	4	59.1	14	82	4	54.9
September	47	11	42	54.8	49	29	22	56.8	17	78	5	58.5	24	71	5	60.1	18	77	5	54.2
August	49	14	37	51.7	48	29	23	60.4	21	71	8	57.3	24	71	5	61.0	18	76	6	54.7
July	45	15	40	51.7	39	37	24	59.6	26	70	4	60.5	29	67	4	62.4	15	81	4	55.2
June	51	12	37	55.2	47	31	22	61.1	26	68	6	59.2	27	67	6	61.6	16	78	6	54.0
May	49	13	38	54.3	50	33	17	61.4	24	71	5	58.9	31	63	6	62.3	18	76	6	55.2
April	39	15	46	45.7	52	31	17	61.6	18	77	5	55.6	25	72	3	60.6	18	79	3	55.3
March	52	19	29	60.2	49	33	18	63.1	29	68	3	60.9	27	67	6	60.7	14	83	3	56.4
February	51	16	33	62.3	38	37	25	60.9	22	71	7	56.1	24	70	6	62.0	11	87	2	55.6
January	43	19	38	59.2	25	39	36	58.3	20	72	8	55.2	21	73	6	61.2	12	83	5	56.2

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
1999	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	56	15	29	60.6	33	32	35	60.9	18	74	8	55.6	31	61	8	59.3	12	82	6	56.2
November	62	15	23	69.3	45	32	23	58.4	19	75	6	57.0	35	61	4	60.3	12	84	4	55.3
October	49	17	34	57.8	52	28	20	59.3	17	74	9	54.9	35	58	7	61.9	15	78	7	53.6
September	57	17	26	68.0	49	37	14	60.5	10	84	6	53.9	25	72	3	61.4	20	76	4	55.6
August	46	17	37	51.1	42	32	26	56.1	15	78	7	55.1	19	77	4	59.3	17	79	4	54.9
July	55	14	31	60.1	41	36	23	60.8	16	77	7	54.3	23	72	5	59.2	12	85	3	54.1
June	56	16	28	62.0	47	33	20	62.3	17	77	6	54.8	23	73	4	60.2	18	79	3	56.2
May	52	17	31	59.6	50	33	17	62.1	18	74	8	54.4	27	67	6	60.2	16	79	5	54.6
April	48	19	33	56.9	52	30	18	61.5	14	81	5	53.5	26	70	4	60.2	18	80	2	55.8
March	56	15	29	62.8	50	27	23	61.4	21	73	6	55.8	30	64	6	62.2	16	82	2	57.8
February	44	15	41	55.2	39	34	27	60.8	21	72	7	55.7	22	70	8	60.1	13	83	4	55.7
January	45	11	44	56.9	24	36	40	54.6	18	73	9	54.1	18	72	10	57.9	7	84	9	51.8

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
1998	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	62	12	26	65.6	33	28	39	57.5	18	73	9	55.2	33	61	6	61.6	11	84	5	56.0
November	49	17	34	56.1	52	29	19	63.1	21	71	8	57.1	40	55	5	62.2	18	78	4	58.2
October	58	12	30	63.6	53	30	17	61.0	18	75	7	57.1	33	61	6	61.0	18	78	4	56.4
September	46	16	38	56.4	51	33	16	60.4	15	78	7	56.4	28	65	7	61.6	19	77	4	55.2
August	58	14	28	61.4	48	36	16	63.8	16	76	8	55.0	24	70	6	60.9	16	81	3	54.8
July	62	16	22	67.4	45	33	22	63.4	18	75	7	55.6	24	68	8	58.5	15	82	3	55.7
June	62	14	24	67.7	49	32	19	64.1	17	76	7	54.4	27	68	5	61.4	16	80	4	54.9
May	56	12	32	60.9	47	29	24	58.0	16	77	7	53.9	29	67	4	62.3	23	72	5	57.8
April	59	16	25	67.1	46	39	15	60.4	19	74	7	54.9	29	68	3	61.8	18	78	4	55.0
March	46	19	35	55.4	44	38	18	61.2	18	75	7	54.0	26	68	6	60.3	11	86	3	54.7
February	51	16	33	63.9	43	32	25	64.6	19	73	8	54.0	22	70	8	60.1	12	84	4	55.4
January	54	13	33	68.0	29	35	36	60.0	24	67	9	56.9	22	69	9	60.6	12	82	6	56.5

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
1997	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	63	11	26	66.1	39	24	37	61.0	21	71	8	57.0	33	59	8	60.5	12	83	5	56.6
November	56	17	27	61.9	49	33	18	61.5	16	76	8	54.7	36	58	6	60.2	14	81	5	55.4
October	58	15	27	63.9	49	32	19	58.3	15	77	8	55.2	31	64	5	60.3	18	76	6	55.0
September	54	17	29	65.1	50	34	16	60.0	15	76	9	54.6	26	66	8	59.7	19	76	5	54.8
August	55	14	31	58.6	43	34	23	58.0	18	75	7	56.5	23	73	4	61.5	20	76	4	56.2
July	52	15	33	57.0	39	35	26	58.4	19	73	8	55.9	25	69	6	60.5	15	80	5	54.9
June	45	16	39	52.5	38	37	25	56.1	23	69	8	56.8	28	65	7	60.5	16	78	6	53.8
May	51	16	33	57.8	45	33	22	58.7	24	68	8	57.4	29	62	9	59.8	20	74	6	55.6
April	48	17	35	57.1	46	32	22	57.4	23	72	5	57.7	32	60	8	60.4	19	78	3	56.3
March	51	16	33	60.1	43	32	25	57.5	24	69	7	57.1	29	64	7	61.6	14	80	6	54.6
February	45	16	39	57.9	36	34	30	58.4	24	70	6	57.3	26	67	7	62.7	10	84	6	53.5
January	39	16	45	51.9	27	42	31	61.3	25	65	10	56.5	19	73	8	59.7	9	83	8	54.0

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
1996	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	46	16	38	52.1	37	30	33	61.0	21	73	6	57.3	32	60	8	59.8	9	82	9	52.8
November	56	16	28	60.1	50	31	19	60.6	17	73	10	54.9	35	59	6	59.4	14	78	8	54.0
October	58	13	29	62.3	56	26	18	61.8	17	72	11	56.1	34	61	5	61.1	18	77	5	54.7
September	44	16	40	54.2	53	30	17	60.8	21	71	8	57.7	27	67	6	61.5	21	73	6	55.1
August	55	15	30	58.5	45	31	24	58.8	21	69	10	56.3	25	66	9	60.1	19	74	7	54.0
July	54	15	31	58.4	41	34	25	59.3	22	72	6	58.0	26	66	8	60.3	17	77	6	55.3
June	50	14	36	57.7	43	33	24	59.9	22	71	7	57.1	28	67	5	61.5	20	75	5	56.8
May	52	14	34	58.2	44	33	23	58.3	23	71	6	57.8	30	62	8	60.7	21	74	5	55.9
Apr	47	18	35	56.9	47	38	15	60.9	23	70	7	56.4	34	61	5	62.4	16	80	4	54.7
Mar	43	15	42	51.7	46	32	22	60.4	19	74	7	54.8	27	66	7	60.7	16	78	6	55.0
Feb	57	11	32	68.0	35	37	28	59.2	28	64	8	57.5	25	67	8	61.2	12	83	5	55.4
Jan	44	15	41	57.0	30	32	38	60.9	28	60	12	58.0	24	67	9	62.0	8	85	7	54.6

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
1995	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	42	11	47	46.1	39	29	32	62.3	25	64	11	57.1	39	51	10	62.2	11	80	9	54.4
November	54	13	33	56.8	57	27	16	65.6	24	67	9	58.9	43	53	4	64.7	16	78	6	55.4
October	48	13	39	52.1	55	25	20	60.3	22	69	9	57.8	37	56	7	61.3	19	76	5	55.6
September	59	12	29	68.1	54	28	18	61.1	23	70	7	60.1	28	63	9	60.5	19	76	5	54.8
August	56	12	32	57.3	50	27	20	60.8	25	68	7	59.4	29	63	8	62.7	19	73	8	53.6
July	52	14	34	56.7	45	28	27	61.2	23	69	8	57.9	29	64	7	62.3	15	77	8	53.5
June	47	19	34	57.8	43	35	22	61.2	28	65	7	59.5	26	64	10	58.6	15	76	9	52.7
May	56	11	33	60.2	48	31	21	61.8	26	67	7	59.1	36	58	6	65.0	14	80	6	52.2
Apr	41	14	45	50.4	53	31	16	64.2	29	66	5	60.7	31	64	5	61.6	14	79	7	52.1
Mar	52	16	32	60.7	49	32	19	64.3	36	60	4	64.4	29	64	7	61.7	14	80	6	54.5
Feb	48	16	36	60.7	41	35	24	64.4	34	59	7	61.1	29	63	8	63.3	11	83	6	54.5
Jan	54	16	30	66.5	32	36	32	63.99	29	59	12	58.1	28	61	11	63.1	8	82	10	53.5

	Sales				Inventory				Prices				Marketing/ Promotions				Hiring Plans
1994	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*	% Rep. Inc.	% Rep. No Ch.	% Rep. Dec.	Index*
December	68	11	21	71.7	42	27	31	63.6	27	66	7	60.1	37	57	6	63.6	12	82	6	56.1
November	61	12	27	61.4	53	26	21	62.1	24	68	8	59.4	43	51	6	63.5	14	80	6	55.1
October	55	15	30	60.8	62	25	13	66.4	22	69	9	59.5	40	54	6	63.7	18	76	6	54.4
September	55	13	32	64.5	55	28	17	61.5	18	74	8	56.5	33	60	7	63.7	18	75	7	54.0
August	63	13	24	64.2	52	28	20	64.7	21	71	8	57.3	29	65	6	62.7	22	73	5	55.8
July	58	15	27	63.0	44	33	23	63.6	21	68	11	56.3	33	60	7	63.5	15	76	9	53.8