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.

Michigan Retailers: May 2023 Sales Plunge Over April

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3-month prediction drops following two months of positivity

Michigan Retailers Association today reports that May retail sales plummet over April. Retailers’ optimism for a strong summer also decreases.

Michigan Retailers: Sales Up, Future Sale Predictions Strong

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Outlook rises for second consecutive month; 70% predict sales increase

Michigan Retailers Association today reports that April retail sales increased over March. Retailers also anticipate summer sales through July to increase.

Michigan Retailers Predict Strong Start to Summer Sales

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67 percent of Michigan retailers anticipate strong next quarter

Michigan Retailers Association today reports that while March 2023 sales dropped slightly over February, the outlook for summer sales is strong according to results of the latest Michigan Retail Index survey.