Retail Index

Michigan Retail Association in conjunction with the Federal Reserve Bank of Chicago’s Detroit office conducts monthly research among Michigan retail and small businesses to determine the health of the state’s retail and its impact on Michigan’s economy.

Retailers report slightly better sales over May

LANSING, Mich. – June retail sales saw a measured upswing as many stores were allowed to reopen.

The June Retail Index survey came in at 53.5, a jump from May’s 30.0.

May sales still dismal but retailers optimistic for summer

LANSING, Mich. – May retail sales continued to tank with stores shut down for most of the month.

The May Retail Index survey came in at 30.0, up from April’s 10.8.

April sales drastically drop as pandemic closes Michigan stores

LANSING, Mich. – Most stores were forced to close through the entirety of April due to the coronavirus pandemic, and the results of the Michigan Retail Index reflect the expected drastic decline in numbers.