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 See Lowest Sales Since May 2020

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Retailers report strong first half of August, stagnant latter half

Michigan Retailers Association today reports that August 2023 sales dropped for the second consecutive month, well below satisfactory levels –

Michigan Retailers Report Lowest Sales Numbers Since December 2022

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38% of retailers report decrease in sales, 3-month outlook expectations remain high

Michigan Retailers Association today reports that July 2023 sales dropped below expectations – landing at 45.3 on the 100-point Retail Index,

Michigan Retailers: June 2023 Sales Rise Slightly Over May

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Retailers experiencing roller coaster summer in sales numbers

Michigan Retailers Association today reports that June retail sales saw a short rise over May. Retailers’ optimism for positive sales through September is bouncing-back from lows seen in its May Retail Index.