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 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.

Michigan Retailers: May 2023 Sales Plunge Over April

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3-month prediction drops following two months of positivity

Michigan Retailers Association today reports that May retail sales plummet over April. Retailers’ optimism for a strong summer also decreases.