Michigan Retailers Report Significant Impacts of Tariffs

Michigan Retailers Association (MRA) has released results from a May 2025 member survey regarding tariff impacts on small businesses and the retail industry. Following President Trump’s April 2 “Liberation Day” tariffs,
Michigan Retailers’ Optimism Fades Following Second Consecutive Month of Declining Sales

Retailers Report Lowest 3-Month Outlook Since 2023
Michigan Retailers Association reports that March 2025’s Retail Index landed at 44.7, indicating a decline in sales. While this score marks a slight increase over February’s 41.5 on the 100-point scale,
Michigan Retailers See Drastic Drop in February Sales Activity

Retail Index down over 20 points
Michigan Retailers Association reports that February 2025’s Retail Index decreased to 41.5, a steep decline compared to January’s 62.2 on the 100-point Retail Index.