Retailers report strong first half of August, stagnant latter half
Michigan Retailers Association today reports that August 2023 sales dropped for the second consecutive month, well below satisfactory levels –
By shifting only 10% of their spending to local Michigan retailers, consumers have the power to drive a $1.3 billion surge in our state’s economy. Recent research by the Michigan Retailers Association (MRA) and Public Sector Consultants (PSC) reveals this potential win for Michigan in the annual Buy Nearby economic study.
38% of retailers report decrease in sales, 3-month outlook expectations remain high
Michigan Retailers Association today reports that July 2023 sales dropped below expectations – landing at 45.3 on the 100-point Retail Index,