May sales down slightly; tariffs causing tension
LANSING – Retailers reported slightly lower sales in May 2019 and many are noting tariffs as the culprit.
The monthly Retail Index survey came in at 46.9, a drop from May 2018’s 61.4.
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.
