MRA - Michigan Retail Index

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.

Current Performance 1994-2007
3-Month Outlook
3-Month Outlook 1994-2007

	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
November
October
September
August
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