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’ October Sales Rise Over Stagnant September

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Retailers mark first positive activity index since June 2023

Michigan Retailers Association reports that October 2024’s Retail Index significantly increased to 54.5, in comparison to September’s 38.7 on the 100-point Retail Index.

Michigan Retailers See Fall in September Sales

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3-month optimism highest since summer 2023

Michigan Retailers Association reports that September 2024’s Retail Index decreased to 38.7, in comparison to August’s 44.9 on the 100-point Retail Index.

Michigan Retailers’ August Sales Dip Following July’s High

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100-point Index marker sees a 2.6-point decline in August, but towers over 2023 numbers by more than 12-points 

Michigan Retailers Association today reports that August 2024 sales decreased in comparison to July,