Michigan Retail Index 6-Month Snapshot
The 100-point Index provides a snapshot of the state’s overall retail industry. Index values above 50 generally indicate positive activity, the higher the number, the stronger the activity. The seasonally adjusted performance Index is conducted by Michigan Retailers Association (MRA) in cooperation with the Federal Reserve Bank of Chicago’s Detroit branch.
Michigan Retailers’ June Sales Down from May
Michigan Retailers Association today reports that June 2024 sales dropped from May, landing at 43.3 on the 100-point Retail Index. The May 2024 Retail Index came in at 47.4.
The 100-point Index provides a snapshot of the state’s overall retail industry.
Michigan Retailers’ Sales Rise Over April
Index number still below positive threshold
Michigan Retailers Association today reports that May 2024 sales rose over April, landing at 47.4 on the 100-point Retail Index.
